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McDonald's profit dips in Q2


Oak Brook, Ill. -- McDonald's Corp. reported Monday that net income for the quarter ended June 30 dipped 4% to $1.3 billion, from $1.4 billion in the same period last year.

Revenue was essentially flat at $6.915 billion, compared with $6.905 billion in 2011.

Global same-store sales increased 3.7%, led by Europe at 3.8% growth and the United States with 3.6% growth.

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