USA: McDonalds announces rising worldwide sales
Fastfood company McDonalds announced today (Friday) that global sales for McDonald's restaurants increased 6.2% in June, 6.3% in the second quarter and 7.1% year- to-date. In constant currencies, these increases were 4.9%, 3.9% and 4.8%, respectively.
"Our aligned focus on further strengthening our worldwide business has produced another quarter of solid sales growth," said McDonald's CEO Jim Skinner
"In the US we continue to deliver strong sales results on top of last year's outstanding performance. Customers continue to positively respond to new products such as the Fruit & Walnut Salad, core menu favourites and extended hours; all combining to keep our momentum going. With more restaurants open longer hours this summer and new Premium Chicken Sandwiches set to launch in August, I'm confident our US business will continue to deliver good results."
"In Europe, we're building customer visits through greater menu variety and compelling value propositions, both of which contributed to positive comparable sales of 1.3% in June. Positive performance in France and Germany was partly offset by continued weakness in the United Kingdom," he said. "We're intensifying our focus on improving the restaurant experience through initiatives designed to deliver better service, enhanced food taste, and greater menu variety, choice and value. I am confident that our efforts under the leadership of new European president, Denis Hennequin, will maximize our business momentum across Europe."
As McDonald's and Wendy's introduce healthier options amid rising obesity levels and a general interest in healthier foods, some fastfood companies have been going in the opposite direction, introduci...
The organic market appears to be going from strength to strength, especially if this year's BioFach exhibition is anything to go by. With over 2,000 exhibitors from 70 countries and more than 30,000 v...
Last month a customer at an outlet of US fastfood chain Wendy's claimed to have found a severed finger in her food. The news spread like wildfire, fuelled by intense media interest, and Wendy's sales ...
It's easier talking to your customers if you speak their language. With millions of speakers of minority languages around the world, food processors and retailers need to be able to communicate with t...
Fastfood company McDonald's is testing a healthier blend of oil for cooking its fries in a small number of restaurants, according to an Associated Press story published by the Chicago Tribune....
Fastfood company McDonald's is planning to expand its franchise network in China, according to the China Daily....
Fastfood chain McDonald's has today (Monday) announced the appointment of Peter Bush as the new managing director/CEO for McDonald's Australia....
Quick is poised to become the first foreign fastfood chain operator to open for business in Algeria, French newspaper La Tribune reports....
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Burger King, Jollibee: foodservice focus, Nov 2016
- Have food promotions reached tipping point?
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Japan's Nagatanien buys Chaucer Food Group
- Tyson sets up US$150m investment fund