March sales decline puts a dent in McD’s 1st-Q

OAK BROOK Ill. The first decline in U.S. monthly same-store sales in five years at burger giant McDonald’s Corp. marred the company’s otherwise strong first-quarter earnings report, which included a 24-percent surge in profit on strong overseas sales.

The 0.8-percent drop in domestic same-store sales for March contrasted with a quarterly same-store sales increase of 2.9 percent at U.S. locations. That quarterly gain reflected the previously reported monthly sa

Register to view the full article

Register to view this article

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