McDonald's (MCD) Delivers August Comparable Sales Up 8.5%

September 9, 2008 8:12 AM EDT
McDonald's Corporation (NYSE: MCD) announced that global comparable sales increased 8.5% in August. Systemwide sales for McDonald's worldwide restaurants rose 14.1% in August, or 10.0% in constant currencies.

McDonald's Chief Executive Officer Jim Skinner said, "We're connecting with customers worldwide by providing a convenient, affordable and relevant restaurant experience. This ongoing commitment to customers continues to drive our momentum in every area of the world."

U.S. comparable sales rose 4.5% in August driven by McDonald's popular breakfast menu, the Olympic-themed Southern Style Chicken Sandwich and Biscuit promotion and everyday affordability with a special focus on beverages.

McDonald's is the leading global foodservice retailer with more than 31,000 local restaurants in more than 100 countries.

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