TOKYO -- McDonald's Holdings (Japan) reported a record net profit for the January-June half thanks to strong customer traffic despite price hikes, but the popularity of $5 meals in the U.S. market raises concern about belt-tightening among consumers.
Food & Beverage
McDonald's Japan supersizes profit, pairing price hikes and promotions
But popular $5 meals in U.S. spark concern about consumer cutbacks
Same-store sales in the first half were up 7.1% year-on-year.
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