date:Dec 12, 2012
search analystSteve West.
McDonald's said global sales at restaurants open at least 13months were up 2.4% in November, easily topping the tepid 0.17percent increase expected by analysts polled by Consensus Metrix.In October, McDonald's had its first monthly drop in the closelywatched performance measure in nine years.
Even now, Mickey D's profits could get squeezed as diners shoparound for deals and restaurants respond by keeping prices low.
We are concerned about the margin outlook in this m