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McDonald’s Vows to Unveil Turnaround Plan as Slump Persists

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McDonald’s Profit Misses on U.S. Sales

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McDonald’s Corp. Chief Executive Officer Steve Easterbrook promised to give details of his comeback plan for the struggling chain next month, following another quarter of declining sales and profit.

“We are developing a turnaround plan to improve our performance and deliver enduring profitable growth,” Easterbrook said in a statement Wednesday. “We look forward to sharing the initial details of this plan on May 4.”