McDonald´s: reports another strong quarter

Oak Brook / IL. (mdc) McDonald´s Corporation announced that global comparable sales rose 8,4 percent in June and 7,4 percent in the second quarter. Systemwide sales for McDonald´s restaurants worldwide increased 12,5 percent for the month (9,7 percent in constant currencies) and 11,4 percent for the quarter (8,6 percent in constant currencies).

McDonald´s Chief Executive Officer Jim Skinner said, «These strong results – our best quarterly comparable sales growth in three years – reflect our ongoing momentum and commitment to customers. To intensify this customer focus and continue to drive long-term results, we´re maximizing our asset base and ownership structure through actions such as the previously announced developmental license transaction in Latin America. This strategic transaction optimizes our opportunity to participate in Latin America’s future growth potential».

U.S. comparable sales rose 4,2 percent in June due to the ongoing strength of the Company’s breakfast business and the everyday value and variety the McDonald’s menu offers. In Europe, robust results throughout the segment including France, the U.K. and Germany, fueled June´s 11,1 percent comparable sales increase. In Asia/Pacific, Middle East and Africa, comparable sales were up 12,1 percent driven by strong sales growth in Japan, Australia and China and most other markets.
Read more: