McDonald's same-store sales rise 4.8% in April
May 08, 2007
by FoodBusinessNews.net Staff
OAK BROOK, ILL. — Comparable sales for McDonald’s Corp. restaurants throughout the world increased 4.8% in April compared with 6.2% during the same month of last year. Global system-wide sales increased 9.6% in April, or 6% in constant currencies.
Comparable sales in April for the U.S. were up 3.5% from a year ago, which McDonald’s attributed to its breakfast menu, happy meals and snack wraps.
There was also a 3.5% increase in comparable sales from April 2006 in the European market and a 10.3% increase in Asia/Pacific, Middle East and Africa.
Comparable sales reflect restaurants in operation for at least 13 months.
"The ongoing strength of our performance reflects the success of our efforts to make McDonald’s a relevant and convenient eating-out choice for customers worldwide," said Jim Skinner, chief executive officer.