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US sales hit McDonald’s results

Fast food giant McDonald’s is to announce a turnaround plan in two weeks as sinking US sales dragged down profits again in the first quarter. The ubiquitous burger and fries chain on Wednesday said US sales, the largest share of global income, fell 2.6 per cent from a year ago for comparable outlets. Sales in the Asia Pacific and Middle East region dropped 8.3 per cent, helping bring overall global sales down 2.3 per cent, “reflecting negative guest traffic in all segments”, th