McDonald's global sales drop 1.8% in January

McDonald's friesREUTERS/Mike Segar/FilesFries and drinks from McDonald’s.

McDonald’s global same-store sales dropped 1.8% in January, missing analysts’ estimates of a 1.2% decline.

US sales rose 0.4% for the month. The company’s shares fell .7% to $US93.29 in premarket trading Monday.

McDonald’s has been battling traffic declines in the US and a health scare related to one of its meat suppliers in China.

The company’s CEO, Don Thompson, recently announced he would be resigning after less than three years on the job.

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