Mcdonald's October Same-store Sales Rise 5.5 Pct

[nickrayudu]

McDonald's Corp reported a higher-than-expected rise in worldwide October sales at established restaurants, aided by a popular promotional game in the United States.
The world's largest hamburger chain, whose shares rose nearly 1 percent on Tuesday in premarket trading, said sales at restaurants open at least 13 months rose 5.5 percent globally. Analysts were looking for a 4.1 percent gain, according to Consensus Metrix and McDonald's had previously forecast a 4 percent to 5 percent increase.
Same-restaurant sales rose 5.2 percent in the United States, beating analysts' expectations for an increase of 3.7 percent and helped by the Monopoly game promotion. In Europe -- McDonald's largest market -- the company reported a 4.8 percent increase, better than the analysts' call for a 3.4 percent rise.
Sales in Asia/Pacific, Middle East and Africa rose 6.1 percent, beating the analysts' call for a 4.3 percent rise.
McDonald's has been outpacing rivals such as Wendy's Co , Burger King CorpYum Brands Inc's KFC by attracting a broader range of diners than fast-food's typical young adult males.
It has done that with menu items like kids' meals, premium Angus beef hamburgers and a selection of high-margin drinks ranging from lattes to fruit smoothies. It also is renovating its dining areas to be more modern and comfortable.
McDonald's shares were at $95 in premarket trading, up from Monday's New York Stock Exchange close of $94.62.

[Chocolateboy]

tokkalo McD [img]https://lh6.googleusercontent.com/-HFrmj4p-63w/TJK3xZO6m3I/AAAAAAAAAUM/MZ-iiKr79jU/s107/sunilthu.gif[/img]

[Hitman]

4 years ayindi daniki velli...eppudu edo airport lo fish sandwich tinna...