McDonald's Reports Global Comparable Sales Up 7.1% in January

2009-02-09
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  • McDonalds McDonald's Corporation (NYSE:MCD) announced today that global comparable sales increased 7.1% in January. Systemwide sales for McDonald's worldwide restaurants were up 2.6% for the month, or 9.1% in constant currencies.

    McDonald's January comparable sales increases by segment were as follows:

    - U.S. up 5.4%

    - Europe up 7.1%

    - Asia/Pacific, Middle East and Africa up 10.2%



      Percent Increase             Comparable          Systemwide Sales
    Sales As Constant
    Month ended January 31, 2009 2008 Reported Currency
    -------------------------------------------------------------------
    McDonald's Corporation 7.1 5.7 2.6 9.1
    Major Segments:
    U.S. 5.4 1.9 6.4 6.4
    Europe 7.1 8.2 (6.2) 9.2
    APMEA* 10.2 7.8 13.3 14.6
    --------------------------------------------------------------------
    * Asia/Pacific, Middle East and Africa

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    McDonald's Corporation (NYSE:MCD) announced today that global comparable sales increased 7.1% in January. Systemwide sales for McDonald's worldwide restaurants were up 2.6% for the month, or 9.1% in constant currencies.

    "2009 is off to a good start for McDonald's as our Plan to Win is working in every area of the world," said Chief Executive Officer Jim Skinner. "McDonald's continues to appeal to customers as we offer high quality, affordable meal options and unparalleled convenience."

    In the U.S., comparable sales rose 5.4% in January. Value across the menu along with the popularity of McDonald's core menu and breakfast drove results.

    In Europe, the U.K., France, and Russia led January's 7.1% comparable sales increase. Across Europe, the combination of premium menu offerings, classic favorites and everyday affordability continue to deliver results.

    January comparable sales were up 10.2% in Asia/Pacific, Middle East and Africa due to strong sales growth in Australia, China and many other countries. Locally relevant chicken and beef choices, convenient operating hours and successful Chinese New Year promotions contributed to January's performance.

    Jim Skinner added, "We are pleased with comparable sales performance around the world. For the month of February, it's important to note that comparable sales will be negatively impacted by about 4 percentage points as prior year results included one extra day due to leap year. This compares with a calendar shift benefit of about 2 percentage points in January."



    Logos, product and company names mentioned are the property of their respective owners.

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