McDonald’s casts doubt on sales outlook after China food scare

McDonald's Corp stated on Friday that its world gross sales forecast for 2014 was once in danger after a China meals scandal drove away diners and compelled the chain to scramble to are seeking for out new suppliers of substances for Hen McNuggets and Massive Macs. The warning might portend the corporate's first full 365 days of global product gross sales declines at dependent consuming places as a result of the actual fact 2002, Janney Capital Markets analyst Mark Kalinowski talked about in a client phrase. McDonald's international similar-restaurant product sales dropped a steeper-than-anticipated 2.5 %in July, which Kalinowski talked about was once once the company's worst month-to-month effectivity in a decade. The problem in China hit as the world's finest hamburger chain was once once already scrambling to bolster its U.S. trade, the place month-to-month gross sales at based eating locations have been down or flat taking into consideration that November.