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McDonald's' U.S. Comp Sales Up 8.9% In Q1

Apr 23, 2012, 6:13 AM
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An 8.9% jump in U.S. comparable-store sales contributed to a global comparable sales gain of 7.3% for McDonald's in Q1, ended March. 

Diluted earnings per share rose 7%, to $1.23. 

Consolidated revenues also rose 7%, and consolidated operating income gained 8%.

In the U.S., in addition to strong sales for core menu items, performance was driven by innovations such as Chicken McBites, an enhanced customer experience resulting from restaurant "reimagings," and favorable weather, according to the QSR.

U.S. operating income rose 10%.

European comp sales rose 5%, and Asia/Pacific/Middle East/Africa comps rose 5.5%. 

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