Global competitive environment pressures McDonald’s earnings
date:Jan 24, 2013
Net income at McDonalds Corp. fell 1% during fiscal 2012, and the company said it expects lower January global comparable sales as it faces pressure from the global operating, economic and competitive environment.

For the year ended Dec. 31, 2012, the company had net income of $5,464.8 million, equal to $5.36 per share on the common stock, which compared with $5,503.1 million, or $5.27 per share, during the previous year. Total revenue during the year was $27,567 million, up 2% from $27,006 mil
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