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McDonald's Posts First-Ever Quarterly Loss

By Scott Horsley
Published January 22, 2003 at 11:00 PM CST

For the first time since it went public in 1965, McDonald's Corp. reports a quarterly net loss. Some analysts say today's diners are more interested in "quick casual" restaurants that offer more than just fast-food burgers. NPR's Scott Horsley reports.

Copyright 2003 NPR
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
See stories by Scott Horsley