McDonald’s sales slow in US in November
McDonald’s — the fast food chain — reported Monday that November global comparable sales were up 0.5% from a year earlier.
US sales for the fast-food chain were down 0.8% for the month, compared to a 2.5% rise in sales a year earlier.
November’s performance was supported by breakfast, chicken menu choices and expanded value offerings.
Ongoing competitive activity and relatively flat industry traffic trends negatively impacted performance, said the firm in a release.
Looking ahead to 2014, the firm is focused on the US and rebuilding its underlying business momentum. Shares fell 0.7% in premarket trading.