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"In Europe, we're making progress revitalizing our business as evidenced by the 3.1% increase in year-to-date comparable sales versus the 2.1% decline for the same period in 2003,” Bell continues. “Europe's August comparable sales were down slightly due to weak performance in Germany, as well as poor weather and a decline in tourism across the continent. Our Salads Plus menu continued to perform well, with increased momentum in several markets contributing to top line sales and restaurant cash flow.
"Looking ahead,” says Bell, “our goal remains the same: deliver sustainable, profitable growth over the long term. We will achieve this objective by sticking with our Plan to Win, which is completely focused on satisfying customers."
Key members of McDonald's management team will speak at the Goldman Sachs Global Retailing Conference today at 10:30 a.m. (Eastern Time). This presentation will be webcast live and available for replay for a limited time at http://www.investor.mcdonalds.com .