McDonald's (MCD) announces comparable store sales fell 1.8% in October, with U.S. participating...

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

McDonald's (MCD) announces comparable store sales fell 1.8% in October, with U.S. participating in the downward trend with a 2.2% dip for the month. The Asia/Pacific, Middle East and Africa segment saw a 2.4% decline in comparable sales, while Europe fell 2.2% with strength in the U.K. preventing further erosion. The company cites "heightened competitive activity" in the U.S. as a force, but questions on the execution of McDonald's value proposition are sure to be raised. MCD -0.9% premarket. (PR)