McDonald’s Corporation, the world’s largest burger chain, announced a lift of 4.3 per cent in sales in July led by the European division. In their primary market of America, the maker of the Big Mac saw comparable sales rise 2.6%, with European sales up 7.2% and their Asia/Pacific, Middle East and Africa sector seeing moderate growth of 2.1% as weakness in China was offset by another strong performance in Australia. “Comparable sales in Asia/Pacific, Middle East and Africa increased... ...Read more »

McDonald’s Corporation has continued to prosper during the global recession, announcing higher revenues and profit for the second quarter compared to last year – after stripping out the impact of currency movements. They did, however, find greater growth resistance last month, which ensured their second quarter could not top an outstanding performance in the three months to March. “In today’s economic environment, our performance speaks to the strength of our plan and McDonald’s... ...Read more »

Convenience and an improved menu have led to another strong result in Australia by the world’s largest burger chain, while low prices have ensured continued growth around the world. The seemingly recession-proof fast-food giant posted global comparable sales growth of 5.1% in May – which was surprisingly below analyst expectations. “May’s strong performance tells us that customers around the world continue to choose McDonald’s for the convenience, menu choice, quality... ...Read more »

McDonald’s has announced another strong rise in global comparable sales as cost-conscious diners continue to frequent the fast-food restaurant. “By continuing to provide the menu variety and value consumers want with the fast, friendly service they expect from McDonald’s, we’ve strengthened our connection with customers and driven comparable sales growth for six consecutive years,” Chief Executive Officer, Jim Skinner, suggested. Comparable sales rose 6.9% in April,... ...Read more »

McDonald’s announced a resilient 4.3% increase in global comparable sales for the first quarter as they continue to attract financially stricken consumers. Chief Executive Officer Jim Skinner said a focus on convenience and value were the drivers of their success. “McDonald’s continues to deliver a relevant restaurant experience that provides consumers with a broad range of quality menu choices, affordable prices and unmatched convenience,” he stated. “Our underlying... ...Read more »

Plans by fast-food giant McDonald’s to raise prices on its menu have been under fire, with the company forced to refute allegations that poorer suburbs – where consumers are more willing to pay more – will receive the bulk of price hikes. News Limited newspaper reports suggested the fast food restaurant chain would make the biggest changes to menu item prices based on socio-economic factors. “In general, the poorer suburbs will pay more,” a McDonald’s franchisee... ...Read more »

McDonald’s Australia last night reported that Catriona Noble had been promoted to the position of Managing Director, making her the likely candidate for the Chief Executive role when it next becomes available. Ms Noble first began working with the fast food chain over two decades ago when she was just 14 and has worked in a number of positions including her current role as Chief Operating Officer. Current Chief Executive, Peter Bush, suggested the move was “a part of our succession planning”. Ms... ...Read more »