June 8, 2009
McDonald's says its same-store sales climbed 5.1 percent in May, as the hamburger chain continued to prosper from budget-conscious consumers.
The Oak Brook, Ill.-based company says U.S. same-store sales
climbed 2.8 percent, helped by classic menu items and its new
McCafe espresso-based coffees. European same-store sales surged 7.6 percent, while same-store sales for Asia Pacific, the Middle East
and Africa rose 6.4 percent.
Same-store sales, or sales at stores open at least a year, are a
key indicator of retailer performance because they measure growth
at existing stores rather than newly opened ones.