The Traderszone Network

Published in TZ Latest News 8 May, 2015 by The TZ Newswire Staff

McDonald’s April global restaurant sales dip less than expected

Same-store sales at McDonald’s restaurants globally fell 0.6 percent in April, its 11th straight monthly decline. Same-restaurant sales grew 1 percent in Europe, as gains in the United Kingdom and Germany offset declines in the key markets of France and Russia amid economic volatility in the region. Shares of the world’s biggest restaurant chain were up 2 percent at $98.72 in morning trading, mirroring a rally in U.S. stocks following data that showed U.S. job growth rebounded last month in a sign the economy was picking up momentum.

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