Sales in restaurants increased by 6.5% over the past twelve months.
McDonald’s Corporation presented its operating results for the second quarter and the first half of 2019. Sales in the chain’s restaurants, excluding discoveries, increased by 6.5% over the past twelve months, including 5.7% in the US market. The sales dynamics were the best over the last seven years.
“Thanks to the strong results we achieved in the second quarter, we are now seeing 16 consecutive positive global comparable sales,” said McDonald’s President and CEO Steve Easterbrook. According to him, the company will continue to focus on improving the quality of service, “placing customers at the center of all restaurant management efforts.
Sales in comparable McDonald’s restaurants outside the U.S. market increased by 6.6% in the second quarter, reflecting positive results in all markets, mainly in the UK, France, and Germany. The company expects to achieve further growth through the introduction of innovative solutions to improve the speed and quality of service.
Restaurant Brands International reported a surge in revenue.
Starbucks achieved remarkable financial results in the second quarter, setting a new record for revenue.
McDonald's quarterly revenue rose to $5.9 billion from $5.67 billion a year earlier.
In-store retail media crossed $0.5B. AI moved from the cloud into checkout scanners. Retail space supply hit historic lows.
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