McDonald’s August Same-Store Sales Rise 3.7%
This article is for subscribers only.
McDonald’s Corp., the world’s largest restaurant chain, said sales at stores open at least 13 months rose 3.7 percent in August, driven by growth in China and Australia.
Analysts projected an increase of 3.9 percent, the average of 17 estimates compiled by Consensus Metrix. Sales in the company’s Asia Pacific, Africa and Middle East region climbed 5.7 percent last month, Oak Brook, Illinois-based McDonald’s said today in a statement. Analysts estimated a gain of about 4 percent for stores there.