McDonalds Corp39s samestore sales fell 23 percent in the first quarter as the companyrsquos twoyear sales slump continued

McDonalds Corp.'s same-store sales fell 2.3 percent in the first quarter as the company’s two-year sales slump continued.

McDonald’s closes 350 restaurants worldwide in 1Q

Net income falls 33 percent amid global traffic problems

McDonald’s Corp. said Wednesday it has closed 350 underperforming restaurants around the world in the first quarter, as the company continued to suffer from negative sales and traffic in each of its major markets.
 
The closures included 220 restaurants in the U.S. and in China, as well as 130 closures by McDonald’s Japan.
 
The Oak Brook, Ill.-based quick-service operator said same-store sales fell 2.3 percent in the first quarter ended March 31, as the company’s two-

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