Slow growth misses Wall Street expectations
McDonald’s May same-store sales came in at the lowest level since February 2010, falling short of Wall Street estimates and prompting some securities analysts to suggest that the company was feeling pressure from a weak economy. The Oak Brook, Ill.-based burger giant said Wednesday that global same-store sales rose 3.1 percent in May, comprising increases of 2.4 percent in the United States, 2.3 percent in Europe and 4.3 percent in the Asia/Pacific, Middle East and Africa, or APMEA, ...
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Contact: Desiree Torres Desiree.Torres@penton.com