McDonald's January global sales are up

by Bryan Salvage
Share This:
OAK BROOK, ILL. — Global comparable sales for McDonald's Corporation increased 2.6% in January. Although U.S. comparable sales were down 0.7% in January, they still outpaced the overall quick-service restaurant industry. McDonald's U.S. added the Breakfast Dollar Menu and the portable Mac during this quarter.

Comparable sales in Europe increased 4.3% for the month fueled by France, the U.K. and many other markets; these sales were partly offset by Germany. Comparable sales for January in Asia/Pacific, Middle East and Africa (A.P.M.E.A.) increased 4.3% led by performance in Japan and Australia, partly offset by a difficult comparison in China and other markets due to the timing of Chinese New Year.

Systemwide sales increased 9.1%, or 4.3% in constant currencies, for January.

McDonald's Japan (a 50%-owned affiliate) recently announced plans to close approximately 430 restaurants over the next 12-18 months in conjunction with the strategic review of the market's real estate portfolio. As a result of these closures, McDonald's Corporation expects to record after tax impairment charges totaling approximately $40 million to $50 million, primarily in the first half of the year.
Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Meat and Poultry News do not reflect those of Meat and Poultry News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.