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McDonald’s July Same-Store Sales Rise Better-Than-Expected 5.1% (MCD)

Fast food king McDonald's Corporation ( MCD ) on Monday reported a 5.1% rise in July same-store sales, beating analyst expectations..

On average, Wall Street analysts had predicted a 4.7% gain. Same-store sales are a key metric used to measure a retailer's health, since they measure the performance of stores open at least one year.

McDonald's said that U.S. comps rose 4.4%, Europe rose 5.3%, and those in the Asia-Pacific, Middle East and Africa gained 4%.

CEO Jim Skinner commented, "McDonald's continues to deliver great tasting, high quality food at an outstanding value to a growing number of customers around the world. We're creating a unique McDonald's experience that is welcoming our customers into modern restaurants with convenient hours and locations and offering more choice in food and drink options than ever before."

McDonald's shares fell $1.28, or -1.5%, in premarket trading Monday.

The Bottom Line

We have been recommending shares of McDonald's ( MCD ) since Aug.12, 2009, when the stock was trading at $56.02. The company has a 2.87% dividend yield, based on Friday's closing stock price of $85.08.

McDonald's Corporation ( MCD ) is a "Highly Recommended" dividend stock, holding a Dividend.com DARS™ Rating of 3.8 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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