McDonald's Corporation (NYSE: MCD) yesterday announced global comparable sales growth of 6.0% in April. Performance by segment was as follows:
- United States up 4.0%
- Europe up 6.5%
- Asia/Pacific, Middle East and Africa up 6.5%
In the U.S., April comparable sales rose 4.0% fueled by the popularity of the McCafe beverage line-up, including the recently introduced McCafe shakes, McDonald's market-leading breakfast menu, and featured core products including the Big Mac and Quarter Pounder with Cheese.
The strength of McDonald's European business continued with April comparable sales up 6.5% led by performance in the U.K., France and Russia. April's results were driven by emphasis on premium beef and chicken options, unique dessert offerings and the ongoing benefit of restaurant reimaging.
Comparable sales in Asia/Pacific, Middle East and Africa increased 6.5% led by performance in China, Japan and Australia. Strong consumer appetite for locally-relevant menu options, compelling value and the convenience of McDonald's drove the segment's April results.
Systemwide sales for the month increased 12.7%, or 7.5% in constant currencies.