You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live

7

5

▲  9th Inning 0 outs

Market Movers

Key sales measure falls at McDonald’s

McDonald’s has more than 34,000 locations worldwide.

Scott Olson/Getty Images

McDonald’s has more than 34,000 locations worldwide.

Continue reading below

McDonald’s managed to eke out a higher profit for its first quarter even as it failed to lift sales with its Dollar Menu. It said sales at stores open more than 13 months fell 1 percent — the first such drop in a decade — and warned that it’s expected to dip again in April. Sales fell 1.2 percent in the US and 1.1 percent in Europe. For the quarter, it earned $1.27 billion, or $1.26 per share, vs. $1.26 billion, or $1.23, a year ago. Analysts expected $1.26 per share, according to FactSet.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com