McDonald's January Same-Store Sales Rise

    Industry News | February 8, 2007
    McDonald's Corp. said on Thursday same-store sales--a key gauge of a retailer's performance--rose 4.9 percent in January on growing demand in Europe.

    McDonald's same-store sales jumped 6.8 percent in Europe on robust sales in France and Russia, compared to a 0.5 percent decline in the same month last year. Meanwhile, U.S. same-store sales increased 3.6 percent--slower growth versus a year ago, when same-store sales rose 9.7 percent.

    The company's Asia, Middle East, and Africa restaurants posted a 4.3 percent rise in same-store sales.

    Same-store sales are a measure of sales at stores open at least one year.

    Total sales systemwide increased 8.3 percent or 6.1 percent in constant currencies.

    News and information presented in this release has not been corroborated by WTWH Media LLC.