Mc Donald's (MCD) Reports 6.7% Increase in January Comps
Down)
McDonald's Corporation (NYSE: MCD) today announced global comparable sales growth of 6.7% in January.
In the U.S., comparable sales rose 7.8% as customers visited McDonald's to enjoy wholesome breakfast choices, McDonald's popular beverage line-up and classic core favorites, as well as the most recent addition to the menu – Chicken McBites – made with bite-sized pieces of premium chicken breast available for a limited time.
Europe posted a 4.0% increase in comparable sales for January driven by performance in the U.K., Russia, Germany and France. Amidst ongoing economic challenges, McDonald's core menu options, rotating premium and mid-tier offerings and ongoing restaurant reimaging provided customers with compelling value and a relevant experience that drove the segment's comparable sales increase for the month.
Comparable sales in Asia/Pacific, Middle East and Africa (APMEA) increased 7.3% in January led by China, which benefitted in part from the timing of Chinese New Year, and many other markets. APMEA's unique limited-time food events, ongoing breakfast and lunch value platforms and unmatched customer convenience fueled the segment's performance.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
In the U.S., comparable sales rose 7.8% as customers visited McDonald's to enjoy wholesome breakfast choices, McDonald's popular beverage line-up and classic core favorites, as well as the most recent addition to the menu – Chicken McBites – made with bite-sized pieces of premium chicken breast available for a limited time.
Europe posted a 4.0% increase in comparable sales for January driven by performance in the U.K., Russia, Germany and France. Amidst ongoing economic challenges, McDonald's core menu options, rotating premium and mid-tier offerings and ongoing restaurant reimaging provided customers with compelling value and a relevant experience that drove the segment's comparable sales increase for the month.
Comparable sales in Asia/Pacific, Middle East and Africa (APMEA) increased 7.3% in January led by China, which benefitted in part from the timing of Chinese New Year, and many other markets. APMEA's unique limited-time food events, ongoing breakfast and lunch value platforms and unmatched customer convenience fueled the segment's performance.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- McDonald's (MCD) Promotes Dave Hoffmann to President of APMEA
- Ascend Acquisition’s Andover Games Signs Mobile Gaming Development Deal with Meteor Group For Its Clients, Including The McDonald’s Channel
- McDonald's Commitment to Its People and World-Class Training Play Key Roles for London 2012 Games
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
