Fast food giant McDonald's Corp. (MCD) posted a 0.6% decline in global comparable sales in April.
Looking at the segmental performance, U.S. comparable sales were up 0.7% in April, with the national introduction of Premium McWraps, compelling value options and the ongoing popularity of McDonald's breakfast contributing to the monthly results.
In Europe, April comparable sales slid 2.4% with positive performance in the U.K. and Russia more than offset by Germany, France and other markets; while Asia/Pacific, Middle East and Africa or APMEA's comparable sales fell 2.9%, reflecting the impact of Avian influenza, primarily in China, and softer results in Japan and Australia.
Systemwide sales for the month decreased 0.4%, but grew 1.9% in constant currencies.
For comments and feedback: editorial@rttnews.com