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FILE PHOTO McDonald's Posts First-Ever Quarterly Loss

1/23/2003 2:00:00 AM
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DES PLAINES, IL - JANUARY 2:  (FILE PHOTO)  A customer enters a McDonald's restaurant January 2, 2003 in Des Plaines, Illinois. The Oak Brook, Illinois-based McDonald's Corporation may have plans to change its hamburger recipe, specifically reformulating the seasoning mix in the beef patties as well as introducing new sandwich buns, in an effort to try and help sales. McDonald's Corp. announced its first quarterly net loss ever January 23, 2003 in Oak Brook, Illinois. The $343.8 million loss for the last three months of 2002 shows the company's charges and write-offs. The fast-food chain said that it would close about 600 restaurants this year, including 400 traditional McDonald's.  (Photo by Tim Boyle/Getty Images)
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DES PLAINES, IL - JANUARY 2: (FILE PHOTO) A customer enters a McDonald's restaurant January 2, 2003 in Des Plaines, Illinois. The Oak Brook, Illinois-based McDonald's Corporation may have plans to change its hamburger recipe, specifically reformulating the seasoning mix in the beef patties as well as introducing new sandwich buns, in an effort to try and help sales. McDonald's Corp. announced its first quarterly net loss ever January 23, 2003 in Oak Brook, Illinois. The $343.8 million loss for the last three months of 2002 shows the company's charges and write-offs. The fast-food chain said that it would close about 600 restaurants this year, including 400 traditional McDonald's. (Photo by Tim Boyle/Getty Images)

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