McDonald's sees fall in global sales

Sunday, 21 April 2013 - 16:23


McDonald's has reported a drop in first quarter sales and says it expects sales to fall in April as well.

The world's largest restaurant chain said net income was marginally higher at 1.27 billion dollars in the quarter, but underlying global sales fell 1%.

The company blamed a "challenging" environment, which included a harsh winter in both the US and Europe.

As consumers tighten their belts, McDonald's is coming under increasing pressure from its competitors.