Friday, January 23, 2015

Corporate profits are collapsing: fewer appetite for McDonald’s – NEWS

Corporate profits are collapsing: fewer appetite for McDonald's – NEWS


 Friday, January 23, 2015


 More competition and bad news from Asia always prepare the fast-food chain McDonald’s major problems. The profit of the company collapses. Those responsible answer.



problems in Asia and the tough competition on the US domestic market make McDonald’s to continue to create. For the past quarter of the world’s largest quick-service restaurant chain had made significant losses. Sales slumped by more than seven per cent to 6.57 billion dollars. The profit fell by over a fifth one to 1.1 billion.

In the US, the Group hunt smaller rivals such as Chipotle Mexican Grill and Shake Shack customers. In China, the Group had 2014 fight with a meat scandal from a local supplier. In Japan, delivery bottlenecks fries expressed the shops because of a labor dispute of port workers. In addition, McDonald’s was forced to apologize to customers after plastic parts and a tooth had been found in food.

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In the markets in which there were problems recently, the company plans to open new stores in 2015 less. Therefore, the investment down to about two billion dollars. That’s the lowest level since at least five years. In the domestic and international businesss sales declines were on an adjusted basis, however, lower than expected by analysts. The McDonald’s shares fell on the stock exchange but slightly.



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