News Summary: McDonald's Nov. sales figure rises

Last Updated: Mon, Dec 10, 2012 14:30 hrs

THE NEWS: McDonald's Corp. said that a key sales figure rose 2.4 percent in November, as U.S. customers snapped up the world's biggest hamburger chain's breakfast offerings and limited-time Cheddar Bacon Onion sandwiches.

THE BIG PICTURE: The increase follows a decline in October, the first drop in McDonald's key monthly sales gauge in nearly a decade. After years of outperforming its rivals, McDonald's has seen sales growth slow as the company faces intensifying competition and an uncertain global economy.

WHAT'S NEXT: McDonald's reports fourth quarter results on Jan. 23.

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