Global comparable sales increased 1.8% in May, 3.7% year-to-date - U.S. comparable sales up 4.2% in May, 4.9% year-to-date
McDonald's Corporation (NYSE: MCD) announced that global Systemwide sales for McDonald's restaurants increased 5.9% in May, or 2.9% in constant currencies.
McDonald's Chief Executive Officer Jim Skinner commented, "Our global alignment around our customer-centered Plan to Win continues to deliver solid results with comparable sales for McDonald's restaurants worldwide up 1.8% in May -- our 25th consecutive month of positive global comparable sales increases.
"Our U.S. business once again posted strong results, with comparable sales up 4.2% for the month. Expanded menu choice and variety, like our new Fruit & Walnut Premium Salad, and more convenient service hours contributed to this performance. We'll continue to focus on combined initiatives to further enhance the customer experience.
"In Europe, comparable sales declined 1.4% in May. As previously reported, the business climate remains challenging in the United Kingdom and Germany. We continue to work our Plan to Win and are confident that it will build momentum over time. In Germany, our aggressive action plan is beginning to gain traction with customers responding to relevant menu offerings like the popular Big Tasty hamburger and our Ein Mal Eins branded affordability platform, which features 11 items for 1 euro each.
"In Asia/Pacific, Middle East and Africa comparable sales were down 0.6%, as positive results in Australia were negatively offset by performance in Japan.
"Looking ahead, we will continue to direct our efforts toward maintaining our momentum in the U.S. and strengthening our performance around the world. We remain singularly focused on providing a great McDonald's experience to customers each and every time."
May Comparable Sales
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Month-to-Date Year-to-Date
Percent Increase/(Decrease) 2005 2004 2005 2004
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McDonald's Restaurants* 1.8 7.4 3.7 9.2
Major Segments:
U.S. 4.2 7.9 4.9 12.6
Europe (1.4) 4.6 1.2 4.1
APMEA** (0.6) 11.1 3.5 7.2
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May Systemwide Sales
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Month-to-Date Year-to-Date
As In Constant As In Constant
Percent Increase Reported Currency Reported Currency
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McDonald's Restaurants* 5.9 2.9 7.3 4.7
Major Segments:
U.S. 4.9 4.9 5.6 5.6
Europe 5.4 0.1 8.5 2.8
APMEA** 6.2 0.9 7.9 4.9
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* Excludes non-McDonald's brands
** Asia/Pacific, Middle East and Africa