McDonald's Reports May Same-Store Sales
In a press release issued Monday, McDonald's (NYSE: MCD) reported its same-store sales for the month of May. The company's shares are down slightly, reflecting decreased U.S. sales.
Results for McDonald's three major segments are:
- U.S. down one percent.
- Europe up 0.4 percent.
- Asia/Pacific, Middle East and Africa (APMEA) up 2.5 percent
McDonald President and CEO Don Thompson commented, "Around the world we are pursuing opportunities to provide our customers with their favorite food and drink, create memorable experiences, offer unparalleled convenience and become an even more trusted brand."
The company's shares have not shown a big reaction to the news, as shares are down ~0.15 percent in Monday's pre-market.
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