McDonald’s Corp., the world’s largest restaurant chain, posted its worst monthly U.S. sales decline in more than a decade and said a health scare in China took a toll on profit this quarter.
U.S. sales at stores open at least 13 months fell 4.6 percent last month, the Oak Brook, Illinois-based company said today in a statement. Analysts had projected a 1.9 percent decline, according to Consensus Metrix. The news sent the stock down 3.8 percent, marking the biggest tumble in two years.
