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McDonald's sees US rebound but says low-income diners remain stressed
McDonald's sees US rebound but says low-income diners remain stressed
Economy
by  AFP

McDonald's profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income consumers remained under economic stress. McDonald's Chief Executive Christopher Kempczinski described the US consumer base as "bifurcated," with weakness in low-income consumers a reason for lingering caution on the outlook, he said at the outset of an earnings conference call.