McDonald’s Same-store Sales Jump (MCD)

Photo of Paul Ausick
By Paul Ausick Published

Fast-food giant McDonald’s Corp. (NYSE: MCD) reported this morning that same-store sales for January rose 6.7% year-over-year, higher that the company’s own earlier estimate of 6.1%-6.5%. Sales in the US rose 7.8%, the largest gain of any of the company’s regions.

January sales growth for the entire company came in at 9.1% in constant currency terms.

In Europe, same-store sales grew 4%, led by sales in the U.K., Russia, Germany and France. Sales rose 7.3% in Asia/Pacific, Middle East and Africa region, helped by the lunar new year holiday.

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

ABNB Vol: 15,913,532
MCHP Vol: 19,139,274
PLTR Vol: 77,244,625
MRNA Vol: 6,820,582
AXON Vol: 1,591,869

Top Losing Stocks

TTD Vol: 133,458,224
CTRA Vol: 73,319,495
AKAM Vol: 8,143,961
ZTS Vol: 12,784,553
RMD Vol: 3,810,438