McDonald's US sales revive amid stiff competition

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McDonald's Corp's turn around remained on track in the latest quarter despite intense competition in the United States, helped by all-day breakfast, "McPick" value promotions and chicken McNuggets with simpler ingredients, the company said on Friday. 

 

Sales at established US restaurants rose 1.3 percent, amid industry softness that executives partly blamed on lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as robust as the 2 percent US same-store sales gain reported by rival Dunkin' Brands Group Inc on Thursday. 

 

McDonald's international restaurants easily beat expectations on same-store sales growth in Britain, Australia, Canada and Germany.