Friday, October 23, 2015

McDonald's says that if restructuring while sales recover

McDonald's unveiled the first high in quarterly sales at the same stores (open for over a year) and reported that the trend should continue in the current quarter with the restructuring plan of the Chief Executive, Steve Easterbrook, starting to be realized. Shares of the world's largest chain of coffee shops in sales came to jump over 8% in the operations of this Thursday (22), as the renewed focus on value helped the international business. Global sales in established stores have risen 4 percent in the third quarter, higher than expected, ending the string of 6 quarters of results stable or falling. "While it's still in the early stages, we believe our restructuring plan is starting to generate the necessary change to reposition the McDonald's as a modern and progressive company of burgers," said Easterbrook said in a statement. In the United States, the company's most profitable market, there was a surprising 0.9 percent increase in sales at restaurants open at least 13 months. McDonald's said the items in the breakfast and your new Premium sandwich Buttermilk Crispy Chicken Deluxe helped the Division to break the string of two years of quarterly sales declines. A focus on value and breakfast helped the results in China, where sales plummeted after a food safety scandal in July 2014. The company's net profit in the third quarter rose 23 percent to 1.31 billion dollars, or 1.40 dollar per share. Revenue fell 5 percent to 6.62 billion dollars.
Globo News Item translated automatically
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