McDonald’s Corp.’s revenue fell as the fast-food giant sold company-owned stores to franchisees and operating income decreased as it restructured its operations.
Revenue for the quarter totaled $5.35 billion, down from $6.05 billion a year earlier, but above the $5.32 billion analysts expected. Operating income also decreased as a result of the restructuring. Shares fell slightly in pre-market trading to $158.
McDonald’s...