U.S. sales look weak for McDonald's

|About: McDonald's Corporation (MCD)|By:, SA News Editor

A survey of McDonald's franchisees on sales for the next six months registers the most negative reading since the Janney Capital Markets poll begin in 2003.

The results were worrying enough for the investment firm to lower its forecast for U.S. same-store sales growth on the restaurant chain to -2.6% for June and -1.8% for July.

Shares of McDonald's (MCD -1%) seem to be reacting to the negative read on U.S sales momentum.