Oakbrook, Ill. McDonald's Corp. on Thursday reported a 5.9% rise in profit, helped in part by increases in same-store sales across all its global markets. The companyâ€™s profit rose to $1.26 billion, up from $1.19 billion a year earlier.
Revenue decreased 4% to $6.05 billion on currency changes while same-store sales rose 3.8% globally. Global comparable sales increased 3.8% with the United States up 2.5%, Europe up 5.8% and Asia/Pacific, Middle East and Africa up 2.2%.
"McDonald's global results demonstrate the resilience of our strategies and our ability to execute successfully,â€ť said McDonald's CEO Jim Skinner in the earnings report.
For the quarter, the United States generated solid comparable sales and drove an operating income increase of 6%. The chain said ongoing appeal of its core menu items, along with favorable consumer response to the new premium Angus Third Pounders and McCafe espresso-based coffees, fueled the U.S. results.
â€śFor October, despite a declining informal eating out market around the world, we expect consolidated comparable sales to remain positive," Skinner said.