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Restaurant Industry News
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Sunday June 11th, 2006 |
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McDonald's May Same-Store Sales Up
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McDonald's Strong Performance Continues; May Global Comparable Sales Up 4.5% |
-- U.S. comparable sales increased 3.4%
-- Europe comparable sales increased 4.9%
McDonald's Corporation (NYSE:MCD) announced today that Systemwide sales for McDonald's restaurants worldwide increased 6.2% in May, or 5.5% in constant currencies.
McDonald's Chief Executive Officer Jim Skinner commented, "McDonald's ongoing business momentum continues to be powered by our customer-focused Plan to Win. We are attracting customers to our restaurants around the world with expanded menu choice and variety, quality food, greater customer conveniences and relevant marketing.
"In the U.S., we're appealing to customers' contemporary lifestyles with our popular breakfast menu featuring the recently launched premium coffee blend; new products like our unique Asian Salad and Premium Chicken Sandwich line; and our longer, more convenient hours. Our enhanced consumer relevance is driving sustained strong results, with comparable sales up 3.4% for the month.
"Comparable sales increased 4.9% in Europe, driven by positive performance in France, Germany and the United Kingdom. Our business benefited from combined initiatives that feature premium selections like the Chicken Mythics promotion in France and the Big Tasty in Germany, alongside our everyday low price offerings and classic menu favorites. In addition, innovative marketing linked to the World Cup, including the U.K.'s text message-to-win game, contributed to these results.
"Comparable sales were up 6.5% in Asia/Pacific, Middle East and Africa primarily due to strong sales in Japan and sustained positive performance in Australia.
"I am pleased with our results and am confident we will continue to build long-term profitable growth for our shareholders and the global McDonald's System."
May Comparable Sales
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Month-to-Date Year-to-Date
Percent Increase/(Decrease) 2006 2005 2006 2005
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McDonald's Restaurants* 4.5 1.8 5.3 3.7
Major Segments:
U.S. 3.4 4.2 5.4 4.9
Europe 4.9 (1.4) 4.1 1.2
APMEA** 6.5 (0.6) 5.0 3.5
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May Systemwide Sales
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Month-to-Date Year-to-Date
As Constant As Constant
Percent Increase/(Decrease) Reported Currency Reported Currency
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McDonald's Restaurants* 6.2 5.5 4.5 6.3
Major Segments:
U.S. 4.1 4.1 6.2 6.2
Europe 7.0 6.0 (0.6) 5.2
APMEA** 6.6 8.5 2.2 7.1
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* Excludes non-McDonald's brands
** Asia/Pacific, Middle East and Africa
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| Last: |
33.38 |
| Time: |
6/9/2006 4:01pm |
| Change: |
-0.31 |
| Opened: |
33.65 |
| Day: |
33.88 - 33.38 |
| Volume: |
4112000 |
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