Global fastfood chain McDonald’s has posted a 4.7% year-on-year decline in February same-store sales, hit by fierce competition and a weak global economy.
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February same-store sales in the US, McDonald’s largest market, declined 4.4% year-on-year, while same-store sales in Europe were down 3.9%, in constant currency terms.
Total system-wide sales for February rose 4% top to US$3.1bn.
