Mickey D's Global Sales Disappointing in November

Headline Alert

McDonald’s November Sales Disappoint

McDonald's reported global same-store sales for November increased by +0.7%, which is well below the StreetAccount consensus estimate of +1.7%

In the United States sales were down -0.6% in November vs. StreetAccount consensus for unchanged reading. This is the second negative month in the U.S.; the first time MCD has seen back-to-back sales decline since March 2003.

European sales were up +2.5%, which was also below the StreetAccount +4.9%

MCD is trading down sharply at $60.32 – down 2.6%

 

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