McDonald’s reports same-store sales strength in Asia as U.S. struggles

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The all-day breakfast launch was a tough comparison for McDonald’s U.S.

McDonald’s Corp.’s fourth-quarter global same-store sales increase of 2.7% includes strong results in Asia, with China and Japan reporting increases, even as U.S. same-store sales slipped.

Global same-store sales were expected to increase a more-modest 1.3%, according to FactSet estimates.

Fourth-quarter same-store sales in the company’s high-growth segment increased 4.7%, with the fast-food giant MCD, -0.89% highlighting a “strong performance in China,” including “improved restaurant profitability.”

Same-store sales jumped 11.1% in foundational markets, with Japan leading the way, the company said. Some Latin American markets also contributed to the strong showing.

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