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For the full fiscal year, sales in the US jumped 8.7%. In its internationally operated markets, Q4 same-store sales increased 4.4%, down from the 12.6% growth McDonald's saw a year ago.
The company reported global same-store sales rose 11.7%, more than the 9.4% expected by analysts. US same-store sales rose 10.3%, more than the 9.1% forecast by Wall Street.
Year-to-date McDonald's stock is up more than 10% against a 7% gain for the S&P 500. ... Same-store sales in McDonald's international markets also rose 12.6% during the quarter.
It was an unexpected end to an otherwise strong year for the burger giant. Viral marketing hits, like last spring’s Grimace shakes, and upgraded menu items helped to boost full-year revenue by 10% to nearly $25 billion. McDonald’s revenue rose 8% to $6.4 billion in the fourth quarter, meeting analyst expectations.
McDonald's Next in Admiralty Centre, Hong Kong in 2015. 2010: Subway surpasses McDonald's as the largest single-brand restaurant chain and the largest restaurant operator globally. [87] 2011: McDonald's makes a deal with the Marine Stewardship Council to certify the fish used for the Filet-O-Fish sold in Europe. [88]
The oldest operating McDonald's restaurant is the third one built, opened in 1953. It is located at 10207 Lakewood Blvd. at Florence Ave. in Downey, California (at . Siblings Richard and Maurice McDonald opened the first McDonald's at 1398 North E Street at West 14th Street in San Bernardino, California, on May 15, 1940.
In 2018, McDonald’s announced a $6 billion plan to modernize its U.S. restaurants (which today number nearly 14,000), with planned updates to furniture, décor, exteriors and kiosks. The menu ...
Comps surged to new highs in the second quarter, but it was due to higher prices and product mix, not more customers coming to the restaurant.