In the US, comp sales rose 9.7%, which McDonald's execs said was due to the strength of the Plan-to-Win concept. In a statement, McDonald's chief executive officer Jim Skinner also attributed positive sales to a "strong breakfast business, popular core and premium menu choices, everyday value, extended hours, gift cards and mild January weather."

In Europe, comparable sales were down 0.5% for the month as France and Russia delivered strong sales performance, partly offsetting weak sales results in the UK and Germany. According to company execs, the UK and Germany faced difficult comparisons against successful national coupon promotions in the same year-ago period.

"In Germany, we are committed to our permanent value menu which is designed to drive sustainable growth," Skinner said. "The UK continues to supplement their value platform with brand building efforts to drive performance in a challenging environment. We continue to focus on building momentum across Europe through enhanced menu variety, compelling value and strong marketing."

In Asia/Pacific, Middle East and Africa, comparable sales rose 3.3%, which was driven primarily by Australia and China, and partly offset by weak results in Japan.

McDonald's operates more than 30,000 local restaurants in more than 100 countries. Approximately 70% of McDonald's restaurants worldwide are owned and operated by independent, local franchisees.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.