McDonald's sales slump continues in May

McDonald's Losing Out to Competitors

OAK BROOK, Ill. (AP) — McDonald's says that a key sales measurement dipped in May, with weakness in the U.S. and some overseas markets.

The world's biggest hamburger chain said Monday that sales at locations open at least 13 months edged down 0.3 percent last month. In the U.S., the figure declined 2.2 percent. It dropped 3.2 percent for the Asia-Pacific region, Middle East and Africa.

Europe was a bright spot, rising 2.3 percent.

This is the last time that McDonald's Corp. will report these monthly sales figures.

The Oak Brook, Illinois-based company is looking to turn around its business as sales remain sluggish. Its plans include a restructuring of the company intended to strip away layers of bureaucracy, and selling more company-owned restaurants to franchisees around the world.

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