McDonald's Says Near-term Results To Be Hurt By China Food Scandal

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McDonald's Says Near-term Results To Be Hurt By China Food Scandal

by Wochit 0:41 mins

McDonald's Says Near-term Results To Be Hurt By China Food Scandal

by Wochit 0:41 mins

McDonald's Corp's sales in markets, including China and Japan, are experiencing a "significant negative impact" since a food safety scandal in China two weeks ago forced it to halt the sale of items such as Big Macs and Spicy McWings. The affected markets account for about 10 percent of its total revenue according to a regulatory filing released by the company on Monday.

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