McDonalds sales

McDonald's Sales Drop for First Time Since 2003

McDonald's is having trouble stomaching the competition. The world's biggest hamburger chain said Thursday that global revenue fell for the first time in nearly a decade in October, as the company faced intensifying competition and a challenging economy.

McDonald's Key Sales Figure Rises 7.4% in Nov.

McDonald's said Thursday a key revenue figure rose 7.4 percent in November on strong demand from markets around the world. In the U.S., sales were boosted by sales of breakfast items and the seasonal addition of the peppermint mocha to the company's coffee menu.

McDonald's Posts Double-Digit Earnings Growth

The world's biggest fast food chain reported net income for the second quarter of $1.23 billion, helped once again by strong overseas sales. Despite the results, McDonald's shares fell in premarket trading.