McDonald’s has decided to put the kibosh on its monthly same-store sales data dump. The numbers have been especially disappointing in recent months as new CEO Steve Easterbrook is pushing to revive growth.
The world’s largest fast-food chain has reported 11 straight months of declining global same-store sales growth. McDonald’s (MCD) last monthly update will be for this June as part of its second-quarter earnings update, Bloomberg reports.
Easterbrook took the helm in March; he announced a new wide-reaching turnaround plan earlier this month. McDonald’s is trying to lean more heavily on franchisees and reorganize its structure to be able to respond more quickly to changing customer tastes.