McDonald’s reports clever sales for February

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OAK BROOK, Ill. - Strong abroad expansion for McDonalds Corp. in Feb outweighed U.S. sales that hardly nudged ceiling as the worlds largest fast-food sequence posted a 4.8 percent enlarge in sales at restaurants open at slightest a year.

The formula comethe heels of Januarys 2.6 percent climb and were a acquire lapse to solid expansion after back-to-back months of declines in the key sales figure late last year.

Sales at restaurants open at slightest a year are a key indicator of opening since they magnitude expansion at existent locations rather than newly non-stop ones.

Baird researcher David Tarantino confirmed his "Outperform" ratingthe worlds largest burger chain, job Mondays inform softened than expected.

In the U.S., McDonalds opening softened — circumference up 0.6 percent after a 0.7 percent decrease in January. Citi researcher Greg Badishkanian pronounced the U.S. formula were harm by the array of snowstorms that battered most of the nation during the month.

Still, U.S. sales were driven by clever direct for the bondage breakfast dollar menu, McCafe drinks and a Chicken McNugget graduation centered around the Winter Olympics.

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Results in Europe climbed 5.4 percent, whilst Asia/Pacific, Middle East and Africas opening soared 10.5 percent. McDonald"s, formed in Oak Brook, Ill., reported clever performances in France, the U.K., Japan, China and Australia.

Systemwide sales, that includes sales at restaurants run by the association and franchisees, increasing 11.2 percent in February.

In January, McDonalds pronounced that the fourth-quarter distinction climbed, helped by the dollar menu. But each year sales forsaken for the initial time in at slightest a quarter-century.

Still, McDonalds did extremely softened than scarcely all the fast-food competitors, who have been slicing prices — at the responsibility of increase — to get business in the doorway as the economy solemnly heads toward recovery.

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