September 06, 2010

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McDonald’s Profit Advances on Sales in U.S., Europe

Wed Apr 21 10:55:00 -0400 2010

Bloomberg.com (New York)

- McDonald’s Corp., the world’s largest restaurant company, said first-quarter profit climbed 11 percent as comparable-store sales rose in the U.S. and Europe.

That’s a sign that McDonald’s is winning customers from competitors such as Burger King Holdings Inc. and Wendy’s/Arby’s Group Inc., said Tom Forte, a restaurant analyst for Telsey Advisory Group.

To view the full article, download the PDF here: Bloomberg, April 21 2010