McD's June comps rise 4.2%

OAK BROOK Ill. McDonald’s domestic same-store sales rose 4.2 year-over-year in June, but failed to match the 5-percent gain in comparable sales for the whole second quarter, franchisor McDonald's Corp. disclosed today. It attributed the U.S. gains to the impact of the burger chain's breakfast and value menus, as well as the diversity of the brand's product offerings.

The company also forecast a net loss per share of about 60 cents for the second quarter, due to

Register to view the full article

Register to view this article

Already a member? .

TAGS: Finance
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish