McDonald's comp sales rise 8.2% in October
November 10, 2008
by FoodBusinessNews.net Staff
OAK BROOK, ILL. — McDonald’s Corp. announced its global comparable sales increased 8% in October and 7% year-to-date. The company said system-wide sales for restaurants worldwide increased 5% in October or approximately 10% in constant currencies.
"McDonald’s strong October sales show that we are delivering what customers count on from McDonald’s — choice, variety and high-quality food and beverages at affordable prices," said Jim Skinner, chief executive officer.
Comparable sales at the Oak Brook-based fast-food chain rose 5% in the United States in October driven by the breakfast menu, the introduction of the Southern Style Chicken sandwich and the popularity of the McDonald’s Monopoly game.
European comparable sales rose 10%. Countries leading the increase were the United Kingdom, France and Russia. Also in October, McDonald’s said comparable sales increased 12% in its Asian/Pacific, Middle Eastern and African markets.