on Tuesday reported worldwide comparable store sales increased 8.5% in August.
The rise, which the fast food chain attributed to its breakfast menu and Olympics-relate promotions, compares to an 8.1% increase in the same period last year. The fast food chain said comparable store sales increased 4.5% in the U.S., 11.6% in Europe and 10% in Asia/Pacific, Middle East and Africa.
McDonald's shares were rising 2.2% to $63.80 in recent trading.
This article was written by a staff member of TheStreet.com.