NEW YORK (TheStreet) -- McDonald's (MCD) continues to struggle in the U.S., but its performance in two key international markets provide some hints of what the burger giant can and should be doing domestically to turn things around.
On Monday, McDonald's released its sales numbers for May -- its last monthly release before the next quarterly report -- and the company wants investors to focus on its longer-term results. For the month, U.S. same store sales fell 2.2% due to ongoing declines in restaurant traffic.
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But the U.K. and Australia, which McDonald's classifies as "international lead markets," continue to dish up solid sales following years of investments in restaurant redesigns and marketing of new premium burgers and value meals. May was no exception for either region. McDonald's Europe logged a 2.3% same-store sales increase in the month, with the U.K. called out for performing particularly well. In April, comps in Europe rose 1%, and the results in the U.K. were characterized as "solid."
Meanwhile, for McDonald's Asia-Pacific Middle East division, comps declined 3.2% in May, but Australia was cited as having a "strong" performance. Australia was also seen as logging a "strong" performance in April.