McDonald's Forecasts Lower International Sales This Quarter Due to Middle East Tensions and Slowing China Demand
• McDonald's international sales to decline this quarter due to Middle East conflict and weak China demand • First quarter sales in international licensed markets to be lower than prior quarter • Missed sales estimates last quarter partly due to Middle East protests and boycotts • Continuing to deal with impacts of Middle East war • Facing sluggish demand in China due to employment issues, property crisis, and economic uncertainty