McDonald’s Kicks A– Again

September 11, 2007 by Douglas A. McIntyre

Every man, woman, and child in most developed countries must be eating at McDonald’s (MCD). August same-store sales rose 8.1% in August.

The company showed impressive strength in the US, Asia/Pacific, the Middle East, and Africa.

                                              Comparable          Systemwide Sales
                                                        Sales                  As    Constant
     Month ended August 31,      2007    2006         Reported    Currency
     ——————————————————————–
     McDonald’s Restaurants       8.1     6.0                 12.3         9.3
     Major Segments:
       U.S.                                  7.4     3.5                   8.3         8.3
       Europe                              6.1     8.8                  14.0         7.1
       APMEA                           12.4     6.1                  18.2        14.9

Either people are eating out a lot more, or Burger King (BKC) and Starbucks (SBUX) are in trouble.

Douglas A. McIntyre

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