McDonald's comp sales rise 7.1% in January
February 09, 2009
by Keith Nunes
OAK BROOK, ILL. — McDonald’s Corp. announced its global comparable sales increased 7.1% in January. The company said system-wide sales for restaurants worldwide increased 2.6% in January, or 9.1% in constant currencies.
"Two-thousand-nine is off to a good start for McDonald’s as our ‘Plan to Win’ is working in every area of the world," said Jim Skinner, chief executive officer. "McDonald’s continues to appeal to consumers as we offer high quality, affordable meal options and unparalleled convenience."
Comparable sales at the Oak Brook-based fast-food chain rose 5.4% in the United States in January driven by value, core menu and breakfast items.
European comparable sales rose 7.1%. Countries leading the increase were France, the United Kingdom and Russia. Also in January, McDonald’s said comparable sales increased 10.2% in Asia/Pacific, Middle East and Africa.
"We are pleased with comparable sales performance around the world," Mr. Skinner said. "For the month of February, it’s important to note that comparable sales will be negatively impacted by about 4 percentage points as prior year results included one extra day due to leap year. This compares with a calendar shift benefit of about 2 percentage points in January."