Adult Happy Meals and other limited-time promotions boosted traffic at McDonald's restaurants during the fourth quarter despite higher prices.
FILE - An exit sign is shown at a McDonald's restaurant in Pittsburgh on Saturday, April 23, 2022. McDonald's reports their earnings Tuesday, Jan. 31.
FILE - An exit sign is shown at a McDonald's restaurant in Pittsburgh on Saturday, April 23, 2022. McDonald's reports their earnings Tuesday, Jan. 31. Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. Global same-store sales __ or sales at stores open at least a year __ rose 12.6% in the October-December period, the Chicago company said Tuesday. That beat Wall Street expectations for an 8.8% increase, according to analysts polled by FactSet. U.S. same-store sales rose 10.3%.
Sales soared in October after McDonald’s launched adult Happy Meals featuring limited-edition toys designed by the streetwear brand Cactus Plant Flea Market. Half of the toys for those meals were gone in the first four days of the promotion, CEO Chris Kempczinski said earlier.Strong sales at home helped overcome weakness in China, where stores were impacted by government COVID-19 restrictions.Fourth quarter revenue fell 1% to $5.9 billion, but that still beat analysts expectations for $5.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Adult Happy Meals, McRib, feed McDonald's sales in Q4Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices.
Les mer »
Adult Happy Meals and the McRib feed McDonald’s sales in the fourth quarterAdult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices.
Les mer »
McDonald's earnings: Adult Happy Meals, McRib, feed fast food giant's sales in Q4Adult Happy Meals and other limited-time promotions boosted traffic at McDonald's restaurants during the fourth quarter despite higher prices.
Les mer »
Houston Texans visiting Pasadena to provide meals for those impacted by the tornadoThe Houston Texans are helping provide meals for people impacted by Tuesday's tornado in...
Les mer »
Why Eating Small Meals More Often Is Better Than Intermittent Fasting, New Study SaysEating small meals is better than intermittent fasting when it comes to weight loss, a new six-year study concludes. Here's why.
Les mer »