McDonald’s Continues to Outpace the Rest of the Economy (MCD)
June 08, 2010 at 12:00 PM EDT
McDonald’s (MCD) Earlier today McDonald’s Corporation (MCD: Charts, News, Offers) announced comparable-store sales rose 4.8% in May. Same-store sales in the US came up 3.4%, 5.7% in Europe and 3.8% in Asia, the Middle East and Africa. Analysts had projected an increase of 4.5%. There are three reasons for the McDonald’s gains: cheap meals, beverages [...]
