McDonald’s October Sales Rise 5.5% on Improvements in Asia
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McDonald’s Corp., the world’s largest restaurant chain, said sales at stores open at least 13 months worldwide rose 5.5 percent last month as customer traffic in Asia increased.
The advance topped analysts’ projected gain of 4.6 percent, the average of five estimates compiled by Bloomberg News. Sales in Asia, Africa and the Middle East rose 6.1 percent, the Oak Brook, Illinois-based company said today in a statement. Analysts were expecting a gain of 5.6 percent.