McDonald’s has global appeal

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! OAK BROOK, Ill. – McDonald’s Corp., the world’s No. 1 hamburger chain, said Monday that global same-store sales rose 8.2 percent in November. Same-store sales, or sales at restaurants open at least thirteen months, is a key indicator of retailer performance since it measures growth at existing restaurants rather than newly opened ones. Every global region contributed to the strong sales performance. U.S. same-store sales rose 4.4 percent, boosted by sales of coffee, breakfast items and Dollar Menu selections. In Europe, same-store sales grew 10.8 percent, helped by sales of premium burgers and chicken products in Germany, the U.K. and France. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWhicker: Clemson demonstrates that it’s tough to knock out the champIn Asia/Pacific, Middle East and Africa, same-store sales rose 12 percent on strong sales in Japan, Australia and China, McDonald’s said. Systemwide sales rose 16.3 percent during the month ended Nov. 30. Year-to-date, same-store sales rose 7 percent and systemwide sales rose 11.9 percent. McDonald’s shares rose $1.74 to close at $61.90 after briefly matching the all-time high of $62.14.last_img read more