McDonald's Comp Sales Up 7.7% in May

In the U.S., same-store sales rise 4.3% for the month.
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McDonald's

(MCD) - Get Report

reported Monday that global comparable sales increased 7.7% in May.

U.S. same-store sales rose 4.3% for the month.

In Europe same-store sales increased 9.6%, led by the U.K., France and Russia markets.

In the Asia/Pacific, Middle East and Africa markets, same-store sales were up 9.7% in May, in large part due to strong performance in Australia.

Shares of McDonald's climbed $2.06, or 3.6%, to $59.01 in recent trading Monday morning. Shares of rival hamburger chains

Wendy's

(WEN) - Get Report

and

Burger King

(BKC)

were up 1.6% and 1.3% respectively.

This article was written by a staff member of TheStreet.com.