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McDonald's May sales up 7.9%
No. 1 hamburger chain cites new menu items; global same-store sales best in 20 years.
June 7, 2004: 8:05 AM EDT

NEW YORK (CNN/Money) - McDonald's Corp. Monday said May comparable sales at its restaurants rose 7.9 percent, citing the success of its new menu offerings.

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The Oak Brook, Ill.-based No. 1 fast-food chain said its same-store sales worldwide for the month rose 9.2 percent, the company's highest increase since 1984.

"These outstanding sales increases demonstrate that consumers are responding positively to our better tasting food, new menu offerings, energetic, targeted marketing and improved operations and service," Charlie Bell, McDonald's President and chief executive officer said in a statement.

McDonald's (MCD: Research, Estimates) May performance marked the company's 14th consecutive month of positive sales at its U.S. stores open at least a year

Analysts had forecast U.S. same-store sales to rise in the mid-single-digit percentage range, and those in Europe to be up in the low-single-digit percentage range.

Shares of McDonald's rose 34 cents to $26.86 on Friday.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.