McDonald's U.S. sales feel chill from Jan. weather
NEW YORK - McDonald's (MCD) says a key U.S. sales figure fell last month, even as it fights to attract more customers by aggressively promoting its value menu.
The world's biggest hamburger chain says sales fell 3.3 percent at established U.S. locations.
The Oak Brook, Ill.-based company
cited "severe winter weather" for its U.S. performance and noted that
it's focused on improving its menu and operations. CEO Don Thompson had
recently conceded that McDonald's has lost some of its "customer
relevance."
McDonald's is facing increased competition from rivals including Burger King, while also trying to adapt to shifting tastes toward foods people feel are fresher or healthier.