Earlier today McDonald’s Corp. (NYSE: MCD) reported that same-store sales for January rose 6.7%, higher that the company’s own earlier estimate of 6.1%-6.5%. The consensus analyst estimate was for a gain of 7.3%.
Total sales rose 9.1% in constant currency terms, but the share price is heading south today as McDonald’s is falling victim to worries about the never-ending saga of the Greek debt swap deal.
Shares rose early in the morning, but have since fallen back to down -0.85% at $100.05 in a 52-week range of $72.89-$102.22.