McDonald’s Sales Metric Rises In November
OAK BROOK, Ill. (AP) — McDonald’s says a key sales figure rose 0.5 percent in November, even as the world’s biggest hamburger chain faced tough competition and basically flat traffic in the U.S.
Its global sales performance was the same as in October.
The stock slipped in Monday premarket trading.
The company, based in Oak Brook, Ill., says the metric fell 0.8 percent in the U.S. In Europe, it increased 1.9 percent on strong performances in the U.K., France and Russia. It declined 2.3 percent in the region including Asia, the Pacific, the Middle East and Africa.
McDonald’s Corp. says the figure includes sales at all restaurants open at least 13 months, including those temporarily closed.
Shares of the Oak Brook, Ill., company fell 71 cents to $96.10 before the market open.
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