Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

http://www.businessweek.com/ap/2012-11-08/news-summary-mcdonalds-sales-drop-in-october

AP News

News Summary: McDonald's sales drop in October


BITING INTO SALES: McDonald's Corp. says global revenue fell 1.8 percent at restaurants open at least 13 months in October, marking the first time since 2003 the figure fell. The metric is a key gauge because it strips out the impact of newly opened and closed locations.

BAD TASTE: The world's biggest hamburger chain was hit with the double whammy of ongoing economic weakness in Europe, its biggest market, and intensifying competition at home.

VALUE MEAL? The company, based in Oak Brook, Ill., says it will continue underscoring its value messaging to attract customers.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus