McDonald’s said Monday sales at restaurants open at least 13 months rose 8.2% in November, sending its shares to an all-time high.
Same-store sales, a key retail measure, rose 4.4% in the United States, lifted by sales of breakfast, premium roast coffee and chicken snack wraps, the world’s largest fast-food company said.
Same-store sales climbed 10.8% in Europe, helped by a new chicken sandwich in Britain and a game promotion in France, McDonald’s said.
In the company’s Asia/Pacific, Middle East and Africa unit, same-store sales were up 12%, lifted in part by breakfast sales in China, which account for about 6% of sales in that country, McDonald’s said.
Strong sales of breakfast items, lower-cost offerings and newer offerings like specialty coffee have helped McDonald’s outperform most other U.S. restaurant companies this year.
McDonald’s Stock Hits All-Time High On Strong Sales
December 11, 2007 by Mark | 0 Comments
In Franchising Worldwide, Franchising in UK / Ireland /, Franchising in USA and/or Canada, News, Restaurants

















No comments yet.