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McDonald reports 5.3% Jan sales growth

McDonald reports 5.3% Jan sales growth
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First Published: Tue, Feb 08 2011. 06 35 PM IST
Updated: Tue, Feb 08 2011. 06 35 PM IST
Oak Brook, Illinois: McDonald’s is reporting a 5.3% rise in January sales at locations open more than a year, giving credit to its McCafe hot chocolate, Chicken McNuggets and the addition of oatmeal to the menu.
US sales growth was weaker than the rest of the world. US sales rose 3.1%, Europe 7% and Asia/Pacific, Middle East and Africa 5.2%.
Sales at locations open at least a year is an important gauge because it measures revenue from the company’s existing restaurants rather than growth that came from opening new locations.
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First Published: Tue, Feb 08 2011. 06 35 PM IST