McDonald's comparable sales up 5.7% in January
February 08, 2008
by FoodBusinessNews.net Staff
OAK BROOK, ILL. — Comparable sales for McDonald’s Corp. restaurants throughout the world increased 5.7% in January, compared with 4.9% during the same moth of last year. Global system-wide sale increased 13.4% in January, or 7.1% in constant currencies.
Comparable sales for U.S. restaurants were up 1.9%, which the company attributed to the strength of the breakfast business and the appeal of the dollar menu.
"We continue to drive our business with an unwavering commitment to our customers," said Jim Skinner, chief executive officer. "Consumers are busier than ever, and McDonald’s is their ideal choice for quick, convenient and affordable meals."
There was also an 8.2% increase in comparable sales in Europe and a 7.8% increase in Asia/Pacific, Middle East and Africa.
Comparable sales represent sales at all McDonald’s restaurants in operation for at least 13 months, including those temporarily closed.