McDonald's global same-store sales outpace U.S. |
Reuters - Feb 8, 2008 |
McDonald's Corp, the world's largest fast-food chain, said on Friday that sales at restaurants open at least 13 months rose 5.7 percent globally in January, but sales growth in the U.S. lagged.
Same-store sales rose 1.9 percent in the United States, compared with an 8.2 percent rise in Europe. The Asia/Pacific, Middle East and Africa unit reported same-store sales growth of 7.8 percent.
Analysts have been closely watching McDonald's U.S. sales for signs of how much the struggling economy is affecting the fast-food giant. Flat December same-store U.S. sales sent McDonald's shares down when they were reported on January 28.
Read Full Article from Reuters
- Posted: 2008-02-08 10:03:39
More Stock Investor Place Financial News |
|
|
|
Stock Investor Place Financial News Archive |
|
|