McDonald's (MCD) Global Comps Up 7.1% in January
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McDonald's Corporation (NYSE: MCD) announced today that global comparable sales increased 7.1% in January. Systemwide sales for McDonald's worldwide restaurants were up 2.6% for the month, or 9.1% in constant currencies.
In the U.S., comparable sales rose 5.4% in January. Value across the menu along with the popularity of McDonald's core menu and breakfast drove results.
In Europe, the U.K., France, and Russia led January's 7.1% comparable sales increase. Across Europe, the combination of premium menu offerings, classic favorites and everyday affordability continue to deliver results.
January comparable sales were up 10.2% in Asia/Pacific, Middle East and Africa due to strong sales growth in Australia, China and many other countries. Locally relevant chicken and beef choices, convenient operating hours and successful Chinese New Year promotions contributed to January's performance.
In the U.S., comparable sales rose 5.4% in January. Value across the menu along with the popularity of McDonald's core menu and breakfast drove results.
In Europe, the U.K., France, and Russia led January's 7.1% comparable sales increase. Across Europe, the combination of premium menu offerings, classic favorites and everyday affordability continue to deliver results.
January comparable sales were up 10.2% in Asia/Pacific, Middle East and Africa due to strong sales growth in Australia, China and many other countries. Locally relevant chicken and beef choices, convenient operating hours and successful Chinese New Year promotions contributed to January's performance.
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