McDonald's said its U.S. sales slid 4% in February and 1.7% globally, the first monthly report under new Chief Executive Stephen Easterbrook.
The decrease marks a sharp downturn from January when U.S. sales increased 0.4%, and global sales fell 1.8%. Easterbrook, who became CEO March 1, has said his mission is to revive sales as competition intensifies in the U.S.
To that end, the
The disappointing sales come only five days after the company said it would phase out the use of chickens raised with antibiotics important to human health over the next two years, and stop selling milk from cows treated with the artificial growth hormone rbST.