•    McDonald's Feb sales tumble 1.5 percent   

    PanARMENIAN.Net – McDonald’s Corp pronounced on Friday, Mar 8 that Feb sales during a determined restaurants around a universe fell 1.5 percent as business grappled with mercantile uncertainty, Reuters reported.

    The decrease in tellurian sales during restaurants open during slightest 13 months was reduction high than a 1.63 percent dump approaching by analysts polled by Consensus Metrix.

    Shares of McDonald’s rose 1.4 percent in premarket trading.

    Same-restaurant sales fell 3.3 percent in a United States, reduction than a 3.55 percent dump analysts expected, according to Consensus Metrix.

    Investors paid additional courtesy to formula from a United States, where a Jan 1 payroll taxation hike, aloft gas prices and behind sovereign taxation earnings have harm sales during grill bondage and retailers trimming from Darden Restaurants Inc., a primogenitor of Olive Garden, to Wal-Mart Stores Inc.

    Excluding a impact of an additional day in Feb 2012 due to a jump year,

    Article source: http://www.panarmenian.net/eng/news/149058/

    Tags: armenian economy

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