McDonald's February sales down 1.5 percent, better than expected
March 8 (Reuters) - McDonald's Corp said on Friday that February sales at established its hamburger restaurants around the world fell 1.5 percent amid stiff competition for customers who are spending more cautiously due to weak economic growth and higher taxes.
Analysts polled by Consensus Metrix had expected a 1.63 percent decline in global sales at restaurants open at least 13 months.
- Malaysian plane presumed crashed; questions over false IDs |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Malaysian plane crashed off Vietnam coast: state media