McDonald's: What Recession?
Submitted by Anonymous on Thu, 05/08/2008 - 14:46
Tags:
McDonald's Corp. (NYSE:MCD) had its 60th consecutive month of global same store sales increases today. Let's get into it.
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
Visit Todd's Site: http://www.valueplays.blogspot.com/
theStockMasters.com RSS Feed
Best of the Web
We provide links to the Best Content on the Web. Mastery has your money in mind. Read more
Please download or enable Adobe Flash to see CitiFX Pro's currency rates widget.
Trade Forex with CitiFX Pro
Mastery Text Ads
Provident Personal Loans can help if you need a bad credit loan
Best of the Blogs
BlogDroid 600
Scanning and identifying the best blog entries every hour
- Markets, Central Banks, and Gold | Financial Sense
- Falling in Love for the First Time | Altucher Confidential
- Presenting The "Rise Of The HFT Machine" - Visual Confirmation How SkyNet Broke The Stock Market On US Downgrade Day | ZeroHedge
- It Depends On Your Perspective | Financial Sense
- Greece Should Take Control and File Chapter 11 | ZeroHedge
- Failed Fed Policies Prolong the Agony | Financial Sense
- Should I Buy Facebook? | Financial Sense
Latest Headlines
Newsbot 3000
The most relevant financial news and articles from the Internets
- This Is Why You Should Let Workers Use... | Business Insider
- What It Would Take To Buy A Manhattan Apartment With... | Business Insider
- Asian Stocks Are Mixed As Greek Debt Talks Continue | Business Insider
- MBA Essay Questions That Put Applicants in the Spotlight | BusinessWeek
- Can We Blame These Three Women For Ruining The Patriots? | Business Insider
- The Best News Out Of Europe Today... | Business Insider
- 5 Stocks That Pay You Twice as Much as Treasuries | TheStreet.com
Post new comment