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Record loss at McDonald's Japan

Nov. 12, 2015 10:43 AM ETMcDonald's Corporation (MCD) StockMCDBy: Clark Schultz, SA News Editor12 Comments
  • 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

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