McDonalds had its 60th consecutive month of global same store sales increases today.
McDonald’s (MCD) announced today that global comparable sales increased 5.0% in April and 6.8% year-to-date. Systemwide sales for McDonald’s worldwide restaurants increased 13.7% in April, or 6.5% in constant currencies.
McDonald’s Chief Executive Officer Jim Skinner said, “We’re listening to our customers and giving them what they expect from McDonald’s – menu variety, enhanced convenience and everyday value. This ongoing customer focus and execution through our Plan to Win is driving the sustained momentum of our global business.”
U.S. comparable sales rose 2.0% for the month as McDonald’s breakfast menu, new products and compelling value attracted more customers into our restaurants.
This comes on the heals of Burger King’s increased quarterly results earlier.
Good coffee and long hours……
Disclosure (“none” means no position):Long MCD, none
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