McDonald's Japan withdraws profit guidance after China food scare
date:Jul 30, 2014
percent to 20 percent on a daily basis compared with original projections.

Last week, McDonald's Corp reported a bigger-than-expected fall in quarterly profit as established restaurants in the United States and Europe also suffered sales declines.

McDonald's Japan has been under attack from the country's ubiquitous convenience stores, which have attracted consumers with cheap, freshly brewed coffee, seating areas and other novel products and services.
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06/27 20:35