McDonald's U.S. same-store sales fall 4% in February

McDonald’s Corp.’s key sales measure for its U.S. restaurants slid last month, underlining the challenges for new CEO Steve Easterbrook in turning around the world’s largest fast-food chain.

Same-store sales fell 4 percent in February for restaurants open at leasat 13 months. That compares to analysts' expectations of a 0.7 percent drop, according to the Wall Street Journal.

McDonald’s said its poor performance “reflects the urgent need to evolve with today’s consumers, reset strategic priorities and restore business momentum.”

Read more from the Wall Street Journal.