McDonald's global sales rise

December 8, 2008 8:00:30 PM PST
McDonald's says sales at established locations jumped 7.7 percent worldwide in November with even recession-wary consumers in the U.S. buying more of the chain's burgers, fries and breakfast biscuits.

Oak Brook, Ill.-based McDonald's Corp. said Monday same-store sales, or sales at stores open at least a year, rose 4.5 percent in the U.S.

The nation's No. 1 hamburger chain says the increase was driven by strong sales of breakfast items, chicken sandwiches and biscuits and its value options. McDonald's gains come as sit-down restaurant chains in the U.S. report sharp declines in sales.

Same-store sales rose 7.8 percent in Europe and 13.2 percent in the Asia/Pacific, Middle East and Africa division.

Total sales worldwide rose 1.9 percent.


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