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McDonald's Reports April Comp Sales Rise 3.3%

Financial News Network
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May 09, 2012 AT 9:41 PM
McDonald's (NYSE:MCD) said its April global comparable sales rose 3.3% year-over-year , vs. estimates of up 4.3%. The figure represents the slowest growth in the month of April since 2005, when sales rose 2.5%, according to Bloomberg. By segment, US sales rose 3.3%, vs. estimates of up 3.2%. Europe sales rose 3.5% , vs. estimates of a 3.2% rise. APMEA rose 1.1% vs. estimates of a 6.5% rise.McDonald's is now down over 1% to $94.58.