McDonald’s (MCD) may be raising the prices on its "Happy Meals" and offering less attractive "Dollar Menus" None of that seems to matter. In July, same-store sales moved up 8%. Sales at worldwide restaurants rose 15.9.

McDonald’s said that US revenue was helped by breakfast traffic.

In Europe, results were especially strong, pushed ahead by 7.6%. The people on the continent used to be great chefs, but that must be over.

Douglas A. McIntyre