McDonald's Reports April Comp Sales Rise 3.3%

Published on Tue, 05/08/2012 - 11:05
By FNNO Staff in analysis, april, business, finance, investing, market, mcd, mcdonalds, news, rise, sales, stock, trading
mcd, mcdonalds, april, sales, rise, business, finance, investing, stock, news, trading, analysis, market

McDonald's (NYSE:MCD) said its April global comparable sales rose 3.3% year-over-year , vs. estimates of up 4.3%.

The figure represents the slowest growth in the month of April since 2005, when sales rose 2.5%, according to Bloomberg.

By segment, US sales rose 3.3%, vs. estimates of up 3.2%. Europe sales rose 3.5% , vs. estimates of a 3.2% rise. APMEA rose 1.1% vs. estimates of a 6.5% rise.

McDonald's is now down over 1% to $94.58.

By FNNO Staff
fnnonline@gmail.com

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