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SECURITY: MCD (Common)
EXCHANGE: New York Stock Exchange CURRENCY: US Dollar
McDonald's is the world's
leading food service retailer with more than 30,000 local McDonald's restaurants
serving 46 million customers each day in more than 100 countries.
McDonald's
Press Release 04/13/07
McDonald’s
Reports Global Comparable Sales Up 8.2% in March
Global
comparable sales rose 8.2% in March; 6.3% for the quarter
U.S.
comparable sales increased 6.2% for the month; 4.4% for the quarter
Europe's
comparable sales were up 11.2% for the month – one of the segment’s highest
monthly comparable sales results in history – and increased 8.0% for the
quarter
First
quarter 2007 earnings per share is expected to be approximately $0.62,
including $0.01 per share of positive foreign currency translation and
reflecting a tax rate of approximately 30%
OAK
BROOK, IL – McDonald's Corporation announced today that comparable sales
for McDonald's restaurants worldwide increased 8.2% for the month and 6.3%
for the quarter. Global Systemwide sales for McDonald's restaurants increased
12.7% in March (9.4% in constant currencies) and 10.3% for the first quarter
(7.5% in constant currencies).
McDonald's
Chief Executive Officer Jim Skinner said, “We delivered strong global sales
for the first three months of 2007. Our ongoing business momentum continues
to reflect the benefit of combined initiatives under McDonald’s Plan to
Win. Our top-line results are a testament to the collective strength of
our relevant menu, innovative marketing and convenience and value strategies.”
McDonald’s
U.S. posted a 6.2% comparable sales gain in March. The ongoing appeal of
new products, such as the Snack Wrap, core menu favorites and McDonald’s
everyday affordability continues to drive performance and generate increased
customer visits.
Skinner
commented, “In Europe, we achieved an 11.2% comparable sales increase for
March, reporting positive results across the segment led by France, Germany,
the U.K. and Russia. Our emphasis on featuring a variety of premium products
and compelling value options along with exciting marketing promotions continues
to attract customers to our restaurants.”
In
Asia/Pacific, Middle East and Africa, comparable sales rose 9.6% in March,
fueled by strong performance in Japan and China as well as positive results
throughout the segment.
Skinner
added, "Overall, I am pleased with our sales results and am confident in
our ability to continue building our business. McDonald’s holistic approach
to enhancing customer relevance across all elements of our brand is resonating
with consumers around the world. We remain committed to delivering long-term
profitable growth for all McDonald’s stakeholders through exceptional customer
focus and ongoing financial discipline."
March Comparable Sales
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Month-to-Date Year-to-Date
Percent Increase
2007 2006 2007
2006
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McDonald's Restaurants*
8.2 5.3 6.3
5.2
Major Segments:
U.S.
6.2 6.6 4.4
6.6
Europe
11.2 1.6 8.0
2.0
APMEA**
9.6 5.0 8.5
4.1
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March Systemwide Sales
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Month-to-Date Year-to-Date
As Constant
As Constant
Percent Increase
Reported Currency Reported
Currency
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McDonald's Restaurants*
12.7 9.4
10.3 7.5
Major Segments:
U.S.
7.0 7.0
5.2 5.2
Europe
23.5 12.1
19.0 9.0
APMEA**
14.7 12.0
12.2 11.0
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* Excludes non-McDonald's brands
** Asia/Pacific, Middle East and Africa
First
quarter 2007 earnings are expected to be approximately $0.62 per share,
including a $0.01 per share positive impact from foreign currency translation
and reflecting a tax rate of approximately 30%, primarily due to the net
benefit of certain discrete tax items.
First
quarter 2006 earnings were $0.49 per share, of which earnings from continuing
operations represented $0.45 per share. Both of these amounts included
$0.045 per share of expense primarily related to strategic actions taken
to enhance overall profitability and improve returns.
McDonald's
Press Release 03/08/07
McDonald's
Reports February Comparable Sales Up 5.7%
U.S.
comparable sales increased 3.1% for the month
Europe
comparable sales up 5.9% for the month
APMEA
comparable sales rose 12.3% for the month
OAK
BROOK, IL – McDonald’s Corporation announced today that global comparable
sales rose 5.7% for the month and 5.3% for year-to-date February. Systemwide
sales for McDonald’s restaurants worldwide increased 9.7% in February,
or 6.8% in constant currencies.
McDonald's
Chief Executive Officer Jim Skinner said, "Our ongoing commitment to enhance
the McDonald’s restaurant experience and provide greater customer relevance
continues to deliver results. Our February top-line performance reflects
ongoing focus and alignment behind the Plan to Win."
In
the U.S., February’s comparable sales rose 3.1% as increasingly time-pressed
consumers continue to favor McDonald’s convenient breakfast and late-night
menu selections. In addition, the national launch of the new grilled and
honey-mustard Snack Wrap options expanded the variety offered at McDonald’s
and contributed to results
In
Europe, positive results in nearly every market drove comparable sales
up 5.9% in February. Performance in France and Germany benefited from seasonal
menus that offer customers unique premium, core and dessert menu choices.
In
Asia/Pacific, Middle East and Africa, comparable sales rose 12.3% in February,
led by strong performance in Japan and China, reflecting a benefit from
the Chinese New Year during the month and positive consumer response to
the market’s branded affordability and convenience strategies.
Skinner
added, "As we move through 2007, we will continue to take action across
all facets of our Plan to further connect with our customers."
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