McD’s undershoots expectations with flat comps

McDonald’s continued to fall short of expectations during January, though domestic comparable-store sales pushed into positive territory.

Sales for U.S. units open at least 12 months increased year-over-year during January by 0.4 percent.  That compares with a 3.3-percent decline in comps for January 2014, when bad weather in many areas of the country kept consumers home.

Financial analysts had projected that McDonald’s domestic stores would gain more traction during the month, with many factoring an anticipated 1-percent gain into their financial modeling.

Results were worse for stores in many parts of the globe, pulling down global comps by 1.8 percent.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Leadership

Meet the restaurant fixer who now owns Etta

Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.

Financing

Looking for the next Chipotle? These 3 chains are already there

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Trending

More from our partners