MCDONALD'S SEES MONTHLY SALES DROP

MCDONALD'S SEES MONTHLY SALES DROP
 

The US-based company says global sales at restaurants open at least a year fell 1.8% for the month. The last time the figure dropped was in 2003.
The figure is a key indicator because it strips out the impact of newly opened and closed locations.
The fast-food chain says the figure fell 2.2% in both the US and Europe. In the region encompassing Asia, the Middle East and Africa, it dropped 2.4%.
After years of outperforming its rivals, McDonald's has seen sales slow recently as the company faces intensifying competition and a persistently weak economy.
www.mcdonalds.com/ (McDonald's)
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8 November 2012 in World News, Views: 2
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