McDonald's January sales down 1.9 percent, worse than expected

Published February 08, 2013

| Reuters

McDonald's Corp said on Friday that January sales at established hamburger restaurants around the world fell 1.9 percent, as fast-food chains fight hard for diners, who continue to spend cautiously due to lackluster economic growth in most major markets.

McDonald's warned last month that same-restaurant sales would be down. Analysts polled by Consensus Metrix had expected a decline of 1.1 percent.

(Reporting by Lisa Baertlein in Los Angeles and Jessica Wohl in Chicago; Editing by Gerald E. McCormick)

URL

http://www.foxbusiness.com/news/2013/02/08/mcdonald-january-sales-down-1-percent-worse-than-expected/