McDonald’s reports a drop in profit and sales
By Lauren Seegers • January 23, 2015
McDonald’s reported a disappointing quarter, with sales at stores open at least a year tumbling and denting profits.
The company said on Friday that its revenue in the quarter ended Dec. 31 fell 7 percent to $6.6 billion. Earnings plunged 21 percent, to $1.1 billion from $1.4 billion in the same period a year ago.