(ATR) Global sales for McDonald’s in the month of August decreased by 3.7 percent.
The Olympic TOP sponsor recorded decreases in every global region.
"During August, McDonald's global business faced several headwinds that impacted sales performance," McDonald’s president and CEO Don Thompson said in a statement.
In the United States, McDonald’s saw a 2.7 percent decrease in sales, mostly due to sluggish industry growth.
According to the corporation, a strong month in the United Kingdom was overshadowed by poor sales in Russia and the rest of Europe. McDonald’s reported a 0.8 percent decrease in sales in the region.
The Asia/Pacific, Middle East and Africa regions were hit the hardest, recording a 14.5 percent decrease in sales for August. A supplier issue from China caused sales to plummet.
"For the long term, we remain focused on strengthening the key foundational elements of our service, operations and marketing to maximize the impact of our strategic growth priorities for our customers and our business."
Written by Aaron Bauer
Homepage photo: Getty Images
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