McDonald's Stock Slips as Same Store Sales Fall More Than Expected

McDonald's shares slipped in premarket trading Tuesday after it reported higher third-quarter revenue but lower profit than last year, as the fast-food giant's same-store sales fell more than expected. The fast-food giant registered $6.87 billion in revenue, up from$6.69 billion last year and the $6.81 billion analysts expected, according to consensus estimates compiled by Visible Alpha. McDonald's also posted$2.26 billion in net income, down from last year's $2.32 billion and the$2.30 billion analysts ...