BendiNewsTest: Plummeting sales show Americans are basically over McDonald’s

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Monday, December 15, 2014

Plummeting sales show Americans are basically over McDonald’s

McDonald’s recently reported that their same-store sales (at stores open at least 13 months) fell a whopping 4.6% month-on-month. That’s coming on the heels of a brutal fall in sales overall since early 2012. Global same-store sales also fell 2.2% month-on-month, suggesting that while the US was particularly hard hit, the backlash against McDonald’s is worldwide. The chain also announced that their fourth-quarter results would be negatively affected by both the fall in sales and a supply issue in China, to the tune of $0.07 to %0.10 per share.