A while back we mentioned that McDonald's profits were back up a little bit after they fired their U.S. President.
That's cool and all, but it didn't really help — key sales figures dropped again in January. The world's biggest hamburger chain restaurant just can't get it's supply chain issues in china under control, and there's a growing weakness in Japan.
It just doesn't seem like the value menu changes stateside are enough to keep the overseas numbers from dragging them back down!
Global sales at restaurants open at least 13 months dropped 1.9 percent for the month. This weeds out the unpredictability of new franchises and the ones that are closing, which are way harder to gauge success-wise.
In the region encompassing Asia, the Middle East and Africa, the sales sank 9.5 percent in January. They're dealing with a huge amount of wariness over news reports of how many antibiotics they pump into their chicken in those markets. The figure even fell by 2.1 percent in Europe, which is the company's biggest market!
Like we said, though, In the U.S. the figure edged up 0.9 percent — doesn't seem worth it to us, especially because that dude had to lose his job over it! LOLz!
[Image via M.Minderhoud/Wikimedia Commons.]
Tags: business, down, malarkey, mcdonalds, overseas, sales, struggling