- McDonald's Japan reported a net loss of ¥29.28B ($238M) for the first nine months of the year.
- The loss for the period was the largest since the stock started trading in Tokyo in 2001.
- Total sales were off 20% to ¥137.55B ($1.12B).
- During Q3, same-store sales declined 20% on a traffic drop of 15%.
- McDonald's (NYSE:MCD) owns 50% of the Japanese holding company.
- McDonald's Japan earnings release
Record loss at McDonald's Japan
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Symbol | Last Price | % Chg |
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MCD | - | - |
McDonald's Corporation |