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McDonald’s Beats Second-Quarter Profit Estimates, Names Skye Anderson Head of U.S. Operations

McDonald’s reported stronger-than-expected second-quarter profits on Tuesday while naming long-time executive Skye Anderson as the new president of its U.S. division to invigorate domestic performance. The Chicago-based fast-food giant earned $2.36 billion, or $3.32 per share, for the three months ending June 30. Adjusted earnings per share reached $3.38, topping Wall Street expectations of $3.32. […]