Not a member yet?   | Sign Up  |   Log In   |  
Search for a Restaurant
Advanced Search
Browse by: Cuisine  |  Location  |  Mall  |  Hotel
Home    McDonald’s Monthly Comp Sales Decline for the First Time in 9 years     Details
McDonald’s Monthly Comp Sales Decline for the First Time in 9 years

The world’s largest restaurant chain, McDonald’s Corporation (NYSE:MCD), has reported that their global comparable store sales declined by 1.8 % in the month of October. It is the first time in 9 years that their monthly comp sales have decreased. The last time that the company’s monthly comp sales declined was in April, 2003.

McDonald’s comparable store sales decreased 2.2 percent in the U.S. and Europe, and 2.4 percent in the company’s Asia Pacific, Africa and the Middle East segment (not all countries are included in these three segments which accounts for the difference here and the 1.8% overall decline). These declines were greater than most analysts’ expectations.

An article published by Bloomberg notes that McDonald’s Chief Executive Officer, Don Thompson, announced in October that the organization would advertise and promote a Dollar Menu to value-conscious American customers. The company will also be launching and marketing new food items in 2013. These steps are being taken to overcome a weak economic environment and competition from competitors such as Burger King and Wendy’s.

MCD fell 2% in yesterday’s trading and was down another percent earlier this morning. Currently MCD is trending upward along with the DOW and S&P 500.

Source: USA Stock Report

More News


Write a review

Earn PagePoints for writing a restaurant review.
Bonus points for first review!

Refer a friend

Upon successful registration of a friend, we will award you with PagePoints!


Subscribe to MenuPages Newsletter

Latest Reviews
Five Guys (The Walk)   Love, love and love their burgers. The juiciest...
Posted Yesterday by nessy
Per Te (Palm Jumeirah)   Great food, Excellent service and splendid...
Posted Yesterday by dares
Mumbai Masti (Al Nahda)   If you want to try quick Indian evening snacks...
Posted 15 days ago by Ftm
The Butcher Shop & Grill (Al Barsha)   My friend and I went there to have...
Posted 15 days ago by Ftm
Texas De Brazil   Make sure to keep your tummy empty before you head to...
Posted 15 days ago by Ftm
More Reviews
Events                                   Add
<March 2019>

Dubai Restaurants Quick Links

Friday & Saturday Brunches | Dubai Restaurants | Weekly Event | Restaurant in Dubai | Best Dubai Restaurant
Dubai Restaurant Menu | Indian Restaurant in dubai | Chinese Restaurant in Dubai | Italian Restaurant in Dubai | Seafood Restaurant in Dubai
Restaurants in Dubai UAE | Restaurant in Mohammed Bin Rashid Boulevard | Dubai Mall Restaurants | Restaurant in JBR | Restaurant in Bur Dubai