UPDATE: McDonald's February Comparable Sales Decline 0.3%

McDonald's

reported a 0.3% drop in its global same-store sales in February. Analysts were expecting a 0.1% decline in global comparable sales. McDonald's US same-store sales fell 1.4% in February, versus analysts' expectations for a 0.6% drop. Comparable sales rose 0.6% in Europe, while sales tumbled 2.6% in Asia/Pacific, Middle East and Africa. McDonald's shares fell 0.24% to $95.35 in pre-market trading.