McDonald's warns on margins after back-to-back comp drops

McDonald's (MCD) warns that its flattish trend of global comp sales this year will pressure margins in Q1. It's the first time the company has seen back-to-back drops in global comparable store sales in close to 11 years.

Though demand in Europe has held up well, the company is having trouble gaining traction in the U.S. and Japan.

Retail analysts are also quick to note that McDonald's had a pretty easy comp in February, the two-year stack doesn't make it look any stronger.

MCD -0.1% premarket

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