Consumer
McDonald’s Sales Hit by Weakness in International Markets
- Same-store sales were negative for a second straight quarter
- Results don’t include impact of the recent E. coli outbreak
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McDonald’s Corp. sales fell short of Wall Street’s expectations in the third quarter following weakness in international markets such as France, China, the UK and the Middle East.
Sales at restaurants open at least 13 months fell 1.5%, worse than analysts had projected. The US was a bright spot with growth of 0.3%, according to a company statement Tuesday.