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McDonald's January sales down 1.9 percent, worse than expected

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The McDonald's logo is pictured outside a McDonald's restaurant in the Fillmore District of San Francisco
© Robert Galbraith / Reuters
The McDonald's logo is pictured outside a McDonald's restaurant in the Fillmore District of San Francisco, California January 30, 2013. REUTERS/Robert Galbraith
updated 2/8/2013 8:03:40 AM ET 2013-02-08T13:03:40

(Reuters) - McDonald's Corp said on Friday that January sales at established hamburger restaurants around the world fell 1.9 percent, as fast-food chains fight hard for diners, who continue to spend cautiously due to lackluster economic growth in most major markets.

McDonald's warned last month that same-restaurant sales would be down. Analysts polled by Consensus Metrix had expected a decline of 1.1 percent.

(Reporting by Lisa Baertlein in Los Angeles and Jessica Wohl in Chicago; Editing by Gerald E. McCormick)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

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