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Fly News Breaks for March 4, 2015
MCD
Mar 4, 2015 | 08:42 EDT
Janney Capital said it previously had been more optimistic on McDonald's U.S. sales in February after what appeared to be a strong first half of the month, but the firm cut its U.S. same-store sales estimate by 200 basis points to down 1% following conversations with "multiple industry sources." The firm noted that its new view is now close to the Consensus Metrix forecast for U.S. SSS to be down 0.9%. The firm maintains its Neutral rating on McDonald's shares.
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