McDonald's sees slack U.S. demand, so it's cooking up dollar breakfast deals

Updated

It seems McDonald's (MCD) is more popular overseas than at home. The iconic fast-food chain reported Monday that sales at outlets open at least 13 months rose 3.3% overall last month as diners flocked to its restaurants in Europe, Asia and Africa.

In the U.S., however, customers were less enthusiastic. Domestic same-store sales for the Oakbrook, Ill., company were basically flat in October, slipping 0.1%. The slack demand in the U.S. may be a primary reason the ubiquitous burger chain plans to offer a dollar menu for breakfast items beginning in January, The Wall Street Journal (subscription required) reported.

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