McDonald's May sales jump, helped by Shrek |
| Reuters.uk - Jun 8, 2007 |
McDonald's Corp. on Friday posted its largest monthly comparable sales increase in more than three years, helped by the popularity of its small sandwiches in France and a big green ogre in the United States.
The world's largest restaurant chain said sales rose 8.7 percent in May at restaurants open at least 13 months, beating analysts expectations and the largest increase since April 2004.
Wall Street analysts had been expecting a rise of 5 percent, according to research notes.
Same-store sales, a key retail measure, rose 7.4 percent in the United States, helped by a promotional tie in with the DreamWorks movie "Shrek the Third" and continued strength in its breakfast business.
Read Full Article from Reuters.uk
- Posted: 2007-06-08 10:25:11
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