McDonald's(MCD) reported a 5.7% rise in January same-store sales, as gains overseas continued to outpace the U.S.
The fast-food giant said Friday that its U.S. same-store sales, or sales at restaurants open at least 13 months, increased 1.9% for January. While that was slower than growth in the rest of the world, it marked an improvement over the flat same-store sales McDonald's recorded in the U.S. in December. Shares of McDonald's took a hit last week after the company reported strong fourth-quarter profits but flat U.S. same-store sales growth, fueling fears that a broader spending slowdown might hit the Golden Arches. McDonald's on Friday credited strength in its breakfast items and its dollar menu for the January U.S. rise. In Europe, McDonald's January same-store sales increased 8.2%. In the Asia/Pacific, Middle East and Africa regions, same-store sales jumped 7.8% for the month.>To order reprints of this article, click here: ReprintsTheStreet Premium Services For Personal Service: 877-471-2967
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
ETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,890.46 | 1,351.95 | 2,927.23 | 20.47 |
Oil *
118.75
|
|
UP
6.51 |
UP
1.99 |
UP
11.37 |
UP
0.72 |
10 Yr
2.05%
SPDR Gold
168.02
|
|
+0.05%
|
+0.15%
|
+0.39%
|
+3.65%
|
Data delayed 20 minutes |
Connect with TheStreet