McDonald's says China food scandal hurting regional results
date:Aug 05, 2014
tock Exchange.

Shares of McDonald's and Yum have fallen 5.2 percent and 8.6 percent, respectively, since the scandal broke on July 20.

McDonald's Holdings Co (Japan) Ltd on July 29 withdrew its full-year earnings forecast after the China meat scare caused sales to drop 15 to 20 percent on a daily basis.

The company, which has more than 3,100 restaurants in Japan, previously had forecast an operating profit of 11.7 billion yen ($115 million) for 2014.

McDonald's affected markets account for a
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