The Aftermath of the Crash
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The world's largest fast-food chain also cited severe winter weather as a reason for the weakness in U.S. comparable sales, which were more than offset by international sales gains.
UnitedOffensiveIII 4 years ago
U.S. Sales Slowdown Hits McDonald's
By DAVE CARPENTER, AP Business Writer
2 HOURS AGO
CHICAGO - McDonald's Corp. served notice Monday that sales at U.S. restaurants open at least a year were flat last month as consumers tightened their wallets, heightening concerns on Wall Street even as it reported fourth-quarter profits of $1.27 billion. Its stock fell sharply.
UnitedOffensiveIII 4 years ago