McDonald's same-store sales up 1.4 percent in February
McDonald's same-store sales up 1.4 percent in February
McDonald's Corp (MCD.N) posted a 1.4 percent rise in February sales at restaurants open at least 13 months, as strength in the United States helped offset the impact of the stronger dollar.
Shares in the company -- one of the restaurant industry's top performers -- were up 1.2 percent in morning trade.
The company booked higher sales despite having one fewer day in February, since 2008 was a Leap Year. The loss of that one day cut about 4 percentage points from same-store sales, the company said on Monday.
Still, McDonald's cautioned that at current currency exchange rates the stronger dollar would cut first-quarter earnings by 7 to 9 cents a share.
Like to receive news like this by email? Join and Subscribe!
NEW! Join Our BlueSky Channel for regular updates!
Sponsored Content
Uitgelichte Bedrijven
Related News
oktober 28, 2024
Himalaya Food International Limited: 60,000 TPA French Fry Plant Set to Launch by March 2025
augustus 26, 2024
The potato: a guarantee for regional food security and prosperity
juni 27, 2024
J&J Green Paper implements its sustainable packaging initiative Janus® with largest independent McDonalds franchisee in the world
Latest News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
