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.
- Insight: How U.S. spying cost Boeing multibillion-dollar jet contract
- Exclusive: Secret contract tied NSA and security industry pioneer |
- With Fed out of the way, what's next on Wall Street?
- Yemeni al Qaeda says attack on hospital was mistake
- Insight: For Chinese farmers, a rare welcome in Russia's Far East