| McDonald's August Global Comparable Sales Rise 2.2% |
-- U.S. up 1.7%
--
"Our commitment to providing customers with menu variety, value and convenience is delivering sustained global comparable sales growth despite the current economic environment. Our System remains aligned behind providing great service to each of the 58 million customers who visit us daily," said Chief Executive Officer U.S. comparable sales increased 1.7% for the month. The new premium In Comparable sales in Systemwide sales rose 1.1%, or 4.1% in constant currencies, for the month.
Percent Increase/(Decrease) Comparable Systemwide Sales
Sales As Constant
Month ended August 31, 2009 2008 Reported Currency
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McDonald's Corporation 2.2 8.5 1.1 4.1
Major Segments:
U.S. 1.7 4.5 2.6 2.6
Europe 3.5 11.6 (3.0) 5.8
APMEA* (0.5) 10.0 6.1 3.1
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Year-To-Date
Definitions
-- Comparable sales represent sales at all restaurants in operation at
least thirteen months including those temporarily closed, excluding the
impact of currency translation. Some of the reasons restaurants may be
temporarily closed include reimaging or remodeling, rebuilding, road
construction and natural disasters. Management reviews the increase or
decrease in comparable sales compared with the same period in the prior
year to assess business trends.
-- Constant currency results exclude the effects of currency translation
and are calculated by translating current year results at prior year
average exchange rates.
-- Systemwide sales include sales at all restaurants, whether operated by
the Company or by franchisees. While franchised sales are not recorded
as revenues by the Company, management believes the information is
important in understanding the Company's financial performance
because these sales are the basis on which the Company calculates and
records franchised revenues and are indicative of the financial health
of the franchisee base.
-- The number of weekdays and weekend days can impact our reported
comparable sales. In
Upcoming Communication Forward-Looking Statements This release contains certain forward-looking statements, which reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements involve a number of risks and uncertainties. The factors that could cause actual results to differ materially from our expectations are detailed in the Company's filings with the SOURCE Investors, Donna Rodriguez, +1-630-623-5126, or Media, Heidi Barker, +1-630-623-3791 |