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. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,741.98 | 1,159.90 | 2,374.41 | 36.87 |
Oil *
79.80
|
|
DOWN
37.19
|
DOWN
5.92
|
DOWN
16.87
|
UP
0.15
|
10 Yr
3.69%
SPDR Gold
108.28
|
|
-0.34%
|
-0.51%
|
-0.71%
|
+0.41%
|
Data delayed 20 minutes |


Connect with TheStreet