McDonald’s Sales Up, U.S. Growth Down
June 8, 2009 by Mark Ellis
Filed under Business
Few restaurants are quite as closely associated to America as McDonald’s, but interestingly enough, McDonald’s is currently thriving much more in other parts of the world. What’s more, McDonald’s has reported that growth continues to slow in the United States, perhaps signaling a shift in attention for the restaurant chain.
Unfortunately for McDonald’s, overall sales were down 0.4 percent in the month of May, mostly attributable to the strengthening dollar. However, U.S. stores have seen a general decline in growth, with May of last year bringing in a 4.3 percent increase in sales while this year, sales only increased 2.8 percent. In Europe, sales are up 7.6 percent, with similar positive situations all across the world.
As the world suffers from the economic crisis, McDonald’s remains a quick and inexpensive way to secure a meal for one’s family. Even though McDonald’s sit-down counterparts have overwhelmingly reported declines, McDonald’s has managed to stay relatively strong.
Image: Flickr
