McDonald's May sales rise 3.1 percent

Markets Reuters

NEW YORK (Reuters) - McDonald's Corp <MCD.N> reported a 3.1 percent rise in May sales at established restaurants, but in the United States, the gains were more modest than expected and its shares fell 1.7 percent in premarket trading.

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The world's biggest hamburger chain on Wednesday said sales at restaurants open at least 13 months rose 2.4 percent in the United States.

Same-restaurant sales were up 2.3 percent in Europe and 4.3 percent in its Asia/Pacific, Middle East and Africa (APMEA) unit.

Analysts polled by Thomson Reuters were expecting May same-restaurant sales to rise 2.8 percent in the United States, 4.2 percent in Europe and 3.4 percent in APMEA, according to Thomson Reuters I/B/E/S.

Shares fell $1.39 in premarket trading from a close on Tuesday of $81.14.

(Reporting by Phil Wahba, additional reporting by Lisa Baertlein, editing by Gerald E. McCormick)

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