McDonald's(MCD Quote) 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. ...
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