Agence France-PresseJanuary 23, 2014 19:16
US fast-food giant McDonald's Thursday reported flat quarterly earnings and a dip in sales, warning it faces a challenging year as it beefs up its brand.
The home of the "Golden Arches" reported fourth-quarter earnings of $1.4 billion, unchanged from a year ago, with earnings per share of $1.40, a penny above analyst expectations.
Revenues were up slightly, to $7.1 billion from $7.0 billion in the 2012 fourth quarter.
McDonald's said the latest results reflected a decline in customer counts, but an increase in the amount spent by each customers.