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McDonald's October same-restaurant sales miss estimates
November 8, 2013 / 1:19 PM / in 4 years

McDonald's October same-restaurant sales miss estimates

A McDonald's restaurant sign is seen at a McDonald's restaurant in Del Mar, California April 16, 2013. McDonald's Corp will announce its earnings on April 19. REUTERS/Mike Blake

(Reuters) - McDonald’s Corp (MCD.N) reported lower-than-expected comparable-restaurant sales for October as sales fell in Japan.

Global sales at restaurants open for more than a year rose 0.5 percent in October, but the growth was below the average analyst estimate of 0.6 percent, according to nine analysts polled by Thomson Reuters.

Comparable-restaurant sales in Asia Pacific, the Middle East and Africa fell 2.8 percent in October mainly due to negative results in Japan, the world’s largest burger chain said.

(This story corrects paragraph 2 to fix source of analyst estimate to Thomson Reuters from Consensus Metrix)

Reporting by Siddharth Cavale in Bangalore; Editing by Kirti Pandey

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