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McDonald`s Reports Slow August Sales

(ATR) Sales for Olympic TOP sponsor McDonald's declined during the month of August.

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Customers sit inside a McDonald's Corp. restaurant in the Luohu district of Shenzhen, China, on Monday, Aug. 4, 2014. McDonalds Corp., working to resume sales beef and chicken in China this week after a supplier was accused of repackaging old meat, said the situation is hurting its results in Asia. Photographer: Brent Lewin/Bloomberg via Getty Images
Customers sit inside a McDonald's Corp. restaurant in the Luohu district of Shenzhen, China, on Monday, Aug. 4, 2014. McDonalds Corp., working to resume sales beef and chicken in China this week after a supplier was accused of repackaging old meat, said the situation is hurting its results in Asia. Photographer: Brent Lewin/Bloomberg via Getty Images

(ATR) Global sales for McDonald’s in the month of August decreased by 3.7 percent.

The Olympic TOP sponsor recorded decreases in every global region.

"During August, McDonald's global business faced several headwinds that impacted sales performance," McDonald’s president and CEO Don Thompson said in a statement.

In the United States, McDonald’s saw a 2.7 percent decrease in sales, mostly due to sluggish industry growth.

According to the corporation, a strong month in the United Kingdom was overshadowed by poor sales in Russia and the rest of Europe. McDonald’s reported a 0.8 percent decrease in sales in the region.

The Asia/Pacific, Middle East and Africa regions were hit the hardest, recording a 14.5 percent decrease in sales for August. A supplier issue from China caused sales to plummet.

"For the long term, we remain focused on strengthening the key foundational elements of our service, operations and marketing to maximize the impact of our strategic growth priorities for our customers and our business."

Written by Aaron Bauer

Homepage photo: Getty Images

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