McD reports strong sales in January

OAK BROOK Ill. McDonald's continued its sales momentum into January with a global same-store sales increase of 7.1 percent for the month, including a 5.4-percent rise in the United States.

The burger giant also reported that same-store sales rose 7.1 percent in Europe and 10.2 percent in the Asia/Pacific, Middle East and Africa region.

Global systemwide sales rose 2.6 percent in January, or 9.1 percent in constant currencies, McDonald's said.

"McDonald's continues to appeal to customers as we offer high quality, affordable meal options and unparalleled convenience," Jim Skinner, McDonald's chief executive, said in a statement Monday.

In the United States, McDonald's cited its value items and breakfast menu as key sales drivers. Sales in Europe were aided by both premium and value offerings, and convenient hours and Chinese New Year promotions boosted results in Asia/Pacific, Middle East and Africa, McDonald's said.

McDonald's January results follow solid sales results in its December-ended fourth quarter, when the company posted a global same-store sales rise of 6.9 percent, including increases of 4 percent in the United States, 8.5 percent in Europe and 9 percent in Asia/Pacific, Middle East and Africa.

McDonald's operates or franchises about 32,000 restaurants worldwide.

Contact Molly Gise at [email protected] [3].