McDonald's (MCD) July Comps Up 3.8%
Tweet
Share
E-mailGet Alerts MCD Hot Sheet
Join SI Premium – FREE
McDonald's Corporation (NYSE: MCD) said July Comparable Sales rose 3.8%; 1.9% in US, 5% in Europe, 5.4% in Asia/Pacific, Middle East and Africa.
Systemwide sales for McDonald's restaurants worldwide increased 6.7% in July, or 4.9% in constant currencies.
McDonald's Chief Executive Officer Jim Skinner said, "Our strategic focus on serving customers an effective balance of new products and classic menu favorites, as well as premium products and everyday value in convenient, contemporary restaurants is driving solid performance in every area of the world. Our new Snack Wrap -- launched in the U.S. last week -- is one example of how we are successfully building sales by appealing to customers across these multiple dimensions."
Systemwide sales for McDonald's restaurants worldwide increased 6.7% in July, or 4.9% in constant currencies.
McDonald's Chief Executive Officer Jim Skinner said, "Our strategic focus on serving customers an effective balance of new products and classic menu favorites, as well as premium products and everyday value in convenient, contemporary restaurants is driving solid performance in every area of the world. Our new Snack Wrap -- launched in the U.S. last week -- is one example of how we are successfully building sales by appealing to customers across these multiple dimensions."
You May Also Be Interested In
- McDonald's (MCD) PT Lowered to $295 at Bernstein SocGen
- Lynx Equity on Sandisk: 'Strong buyer into investor confusion', Raises PT to $2,550
- Erste Group Downgrades Applied Materials (AMAT) to Hold
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!
