McDonald's (MCD) Shows 4.8% Jump in Global Comps for November
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McDonald's (NYSE: MCD) reports a 4.8% rise in its November same-store sales.
Comps in the US were up 4.9%, comps in Europe were also up 4.9% and comps in Asia-Pacific, Middle East and Africa rose 2.4%.
Jim Skinner, McDonald's CEO, said, "McDonald's continued strong performance reflects the benefits of our global alignment around the Plan to Win. Contemporary locations, quality food and beverages at an outstanding value and operations excellence continue to be the key ingredients to becoming our customers' favorite place and way to eat and drink."
McDonald's said that at current rates, currency translation is expected to negatively impact fourth quarter earnings by $0.01 to $0.02 per share.
Comps in the US were up 4.9%, comps in Europe were also up 4.9% and comps in Asia-Pacific, Middle East and Africa rose 2.4%.
Jim Skinner, McDonald's CEO, said, "McDonald's continued strong performance reflects the benefits of our global alignment around the Plan to Win. Contemporary locations, quality food and beverages at an outstanding value and operations excellence continue to be the key ingredients to becoming our customers' favorite place and way to eat and drink."
McDonald's said that at current rates, currency translation is expected to negatively impact fourth quarter earnings by $0.01 to $0.02 per share.
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