McDonald's Corp on Thursday reported an increase in global sales at established restaurants for April, with disappointing sales in Europe and flat business in the United States.The world's biggest restaurant chain by revenue said worldwide sales at restaurants open at least 13 months grew 1.2 percent last month. That was in line with analysts' average estimate, according to Consensus Metrix.The fast-food giant has struggled at home, due to sluggish job and wage growth, tougher competition from resurgent fast-food rivals and internal missteps that have complicated menus and slowed service.McDonald's has not reported a comparable sales gain since October in the United States, which generates 31 percent of revenue. Analysts polled by Consensus Metrix expected McDonald's April same-restaurant U.S. sales to be down 0.1 percent.
McDonald?s Corporation franchises and operates McDonald?s restaurants in the global restaurant industry. Shares of MCD fell by 0.42% or $-0.43/share to $101.53. In the past year, the shares have traded as low as $92.22 and as high as $102.62. On average, 5217790 shares of MCD exchange hands on a given day and today's volume is recorded at 830816.
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