Retail
No Matter How Hard It Tries, McDonald's (MCD) Can't Stop Growing
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McDonald’s (MCD) may be raising the prices on its "Happy Meals" and offering less attractive "Dollar Menus" None of that seems to matter. In July, same-store sales moved up 8%. Sales at worldwide restaurants rose 15.9.
McDonald’s said that US revenue was helped by breakfast traffic.
In Europe, results were especially strong, pushed ahead by 7.6%. The people on the continent used to be great chefs, but that must be over.
Douglas A. McIntyre
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