Home Add to Favorite Contact Submit  
           29 October, 2020


    
Category:  Press » Food & Drinks

 

McDonald's Global Comparable Sales Rise 7.0% In July

Popularity:
         Views: 1332
2010-08-09 08:05:07     
McDonald's Corporation

McDonald's Corporation today announced global comparable sales growth of 7.0% in July. Performance by segment was as follows:

U.S. up 5.7%
Europe up 5.3%
Asia/Pacific, Middle East and Africa up 10.1%

"Our customers are at the heart of everything we do, and our strong July sales performance reflects our commitment to them," said McDonald's Chief Executive Officer Jim Skinner. "We're listening to our customers and offering the right combination of high-quality food and beverage choices, convenient locations with extended hours, and outstanding value across the entire menu."

U.S. business momentum continued with July comparable sales increasing 5.7%. Top contributors to July's results were beverages, including the recently launched McCafe Real Fruit Smoothies and Frappes along with value-based drinks. Core products and McDonald's all-day, everyday value menus were also key drivers for the month.

In Europe, July comparable sales increased 5.3%, led by France, the U.K. and Germany. Europe's unique premium menu offerings, compelling value and the ongoing modernization of Europe's restaurants are enhancing the McDonald's experience and contributing to the sales growth.

July comparable sales increased 10.1% in Asia/Pacific, Middle East and Africa (APMEA) due to strong sales growth in Japan, Australia, China and most other countries. Innovative value offerings, menu variety and breakfast continued to deliver results.

Systemwide sales increased 6.8%, or 8.3% in constant currencies for the month.

Percent Increase Comparable Systemwide Sales
Sales As Constant
Month ended July 31, 2010 2009 Reported Currency
---------------------------------------------------------------------
McDonald's Corporation 7.0 4.3 6.8 8.3
Major Segments:
U.S. 5.7 2.6 6.2 6.2
Europe 5.3 7.2 (0.2) 7.7
APMEA* 10.1 2.1 17.5 11.1
---------------------------------------------------------------------

Year-To-Date July 31,
---------------------------------------------------------------------
McDonald's Corporation 4.9 4.5 8.2 6.4
Major Segments:
U.S. 3.1 3.8 3.7 3.7
Europe 5.3 5.5 7.0 7.5
APMEA* 5.9 4.5 16.7 8.1
---------------------------------------------------------------------
* Asia/Pacific, Middle East and Africa

Definitions

Comparable sales represent sales at all restaurants in operation at least thirteen months including those temporarily closed, excluding the impact of currency translation. Some of the reasons restaurants may be temporarily closed include reimaging or remodeling, rebuilding, road construction and natural disasters. Management reviews the increase or decrease in comparable sales compared with the same period in the prior year to assess business trends.
Constant currency results exclude the effects of currency translation and are calculated by translating current year results at prior year average exchange rates.
Systemwide sales include sales at all restaurants, whether operated by the Company or by franchisees. While franchised sales are not recorded as revenues by the Company, management believes the information is important in understanding the Company's financial performance because these sales are the basis on which the Company calculates and records franchised revenues and are indicative of the financial health of the franchisee base.
The number of weekdays and weekend days can impact our reported comparable sales. In July 2010, this calendar shift/trading day adjustment consisted of one less Wednesday and one more Saturday compared with July 2009. The resulting adjustment varied by area of the world, ranging from approximately 0.4% to 1.3%. In addition, the timing of holidays can impact comparable sales.

Upcoming Communications

McDonald's tentatively plans to release August 2010 sales on September 9, 2010.

McDonald's is the leading global foodservice retailer with more than 32,000 local restaurants in more than 100 countries. Over 80% of McDonald's restaurants worldwide are owned and operated by franchisees. Please visit our website at www.aboutmcdonalds.com to learn more about the Company.

Forward-Looking Statements

This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in the Company's filings with the Securities and Exchange Commission, such as its annual and quarterly reports and current reports on Form 8-K.

Specialized in: Angus - Third Pounders - Happy Meal - Big Mac - Mcmuffin - Ronald - Hamburger - Cheeseburger - Quarter Pounder - Fry - Fries - Rmhc - Ronald Mcdonald House Charities - Stock
URL: http://www.mcdonalds.com/
Print press release      Bookmark this page
Related Press releases 
Bento Lunch Box Company Educates Readers On Portion Control (Popularity: ): Raleigh, North Carolina ( press.abc-directory.com ) November 15, 2018 - Kangovou, a bento lunch box company, recently released a blog post describing the benefits of using bento lunch boxes for portion control. Bento lunch boxes, which have multiple compartments inside, can be an easy way to help eat healthier portions.Portion control has several major benefits, including weight loss, more balanced and nutritious meals, less binge eating, and fewer stomach complaints. ...
Food Allergy Roundtable Refreshes Food Allergy Families (Popularity: ): Southbury, CT - November 05, 2014 -- According to the World Allergy Organization, food allergy in preschool children in developed countries is now as high as 10%. Papoose Publishing LLC has just published a new electronic guide, 'Food Allergy Roundtable,' which is a handbook designed to help families of these children. This electronic book provides food allergy support group leaders, members and food allergy families solutions using simple inductive reasoning. ...
“Foods That Cause Heartburn,” A New Article On Vkool.Com, Covers Foods That Trigger Heartburn - V-kool (Popularity: ): Seattle, Wa - January 25, 2014 - The new “Foods That Cause Heartburn” report on the website Vkool.com delivers nutrition tips that are useful for heartburn sufferers. At the beginning of the article, people will get to know some common symptoms of heartburn, such as chest pain, burning in the throat, chronic cough, and sore throat. The author indicates that people should not consume acidic foods, which are oranges, lemons, ...
This Spring, Sabzee Mediterranean Market Offers Healthy and Flavorful Food Options (Popularity: ): LOS ANGELES, April 17, 2013 -- Spring is officially in full swing, and the lengthening days and warm weather will surely be motivating many Southern Californians to begin modifying their diets in preparation for the impending swimsuit season. Fortunately for the health-conscious among us, Sabzee Mediterranean Market offers fresh, flavorful and ethnically authentic foods from various areas around the world.The food from the Mediterranean region has become famous for both ...
Gardein Sweeps Sundance Attendees Off Their Meat (Popularity: ): LOS ANGELES, Jan. 29, 2013 -- As celebrities arrived and film premieres were rolling, Gardein, the revolutionary brand that is transforming America's table with meat-free foods, stole the show at the recent star-studded Sundance Film Festival in Park City, UT.Gardein premiered at Fender® Music Lodge in The Associated Press Festival Headquarters, serving up a menu of delicious foods including the Gardein Ultimate Beefless Sliders, Seven Grain Crispy Tenders, and Mandarin ...

Press release home snapshot 


Related Business 
EIFSweb.com (Popularity: ): Resource site for exterior insulation and finish systems used on virtually all types of low rise, mid rise and high rise construction.
McDonald Electric LTD. (Popularity: ): Operating in Victoria British Columbia, McDonald Electric provides committed and reliable electrical contractor service to residential, commercial, and industrial clients. Establishing in 1993 McDonald Electric has grown due to dedication, quality workmanship, same day service and commitment to client satisfaction by the team of qualified technicians.
McDonald County Press, Inc (Popularity: ): Includes top news headlines, printing services and employment opportunities, serving McDonald County.
Peeks Pump Sales (Popularity: ): Distributer of F.E. Myers, A.Y. McDonald, Jacuzzi, Grundfos, Monarch and Little Giant pumps in the southwestern United States.
Herbies Seeds (Popularity: ): At Herbies cannabis seeds we pride ourselves on bringing you the best quality seeds this July from the world's most respected cannabis seeds producers - all at the lowest on-line prices! Celebrating over 20 year’s this July of trading cannabis seeds to the world, our dedicated sales team have developed a broad and detailed knowledge of the cannabis seeds industry and are here to help you.
Octavian: Rise to Power (Popularity: ): Caesar Augustus wasn't always powerful. First he was Octavian. Author and historian Patrick Parrelli offers an engaging history lesson in the Historical Novel, Octavian: Rise to Power, a work of creative nonfiction that’s the most in-depth and entertaining account of Caesar Augustus’ rise to power.
Billiards Table (Popularity: ): At PoolTables.com by BilliardEx, you will find pool tables crafted by one of the finest manufacturers in the industry, Spencer Marston Billiards Co. Because we sell our tables directly to the public, we are able to offer our pool tables at prices comparable to those of a discount retailer. You can receive as much as half off of what you would expect to pay for a pool table of comparable ...
Callbox B2B Lead Generation (Popularity: ): Callbox is an industry award-winning full service sales and marketing firm that provides global market access via direct marketing, web marketing, sales support, database services, and advanced sales force management. Callbox enables revenue growth by accelerating market capture through comprehensive modern marketing: global database mining, best practice search marketing, and dedicated, professional, results-driven marketing staff.
Callbox: Sales and Marketing Firm (Popularity: ): Callbox is an industry award-winning full service sales and marketing firm that provides global market access via direct marketing, web marketing, sales support, database services, and advanced sales force management. With proven sales and marketing expertise, Callbox allows businesses to focus confidently on their core competencies and goals.
Callbox Targeted Call List Malaysia (Popularity: ): Callbox is an industry award-winning full service sales and marketing firm that provides global market access via direct marketing, web marketing, sales support, database services, and advanced sales force management. Callbox enables revenue growth by accelerating market capture through comprehensive modern marketing: global database mining, best practice search marketing, and dedicated, professional, results-driven marketing staff.