McDonald's May Global Comparable Sales Down 0.3%

MarketWatch Pulse

McDonald's Corp. said Monday that global comparable sales fell 0.3% in May, as U.S. sales dipped 2.2%, Europe sales rose 2.3% and sales in the Asia/Pacific, Middle East and Africa region fell 3.2%. In Europe, sales were strong in the U.K. and mildly positive in Germany and France, offsetting negative results in Russia. In APMEA, a strong performance in Australia weighed against continued weakness in Japan and China. Shares rose 0.5% in premarket trade, and are up about 2% in the year so far, while the Dow Jones Industrial Average has gained just 0.2%.

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