McDonald’s October Same-Store Up 8.2%
Oakbrook, Ill. McDonald's Corp. said Monday its global same-store sales jumped 8.2% in October. The increase beat the company's own prediction for a rise similar to the one it recorded in its last quarter, when same-store sales rose 7.1% worldwide.
The results were a bright spot in what was generally a dismal month for most restaurant operators. Many chains have reported steep declines in same-store sales during October as consumers grew more anxious about their spending.
Same-store sales rose 5.3% in the United States, helped by the introduction of new menu items.
“McDonald's strong October sales show that we are delivering what customers count on from McDonald's—choice, variety and high-quality food and beverages at affordable prices," chief executive Jim Skinner said in a statement.