Exhibit
99
|
Investor
Release
|
FOR
IMMEDIATE
RELEASE
FOR
MORE INFORMATION CONTACT:
11/08/06
Investors: Mary Kay
Shaw, 630-623-7559
Media:
Tara McLaren, 630-623-7923
McDONALD’S
REPORTS ANOTHER STRONG MONTH;
GLOBAL
COMPARABLE SALES UP 5.5% IN OCTOBER
-
U.S. comparable sales increased 5.6% for the month; 5.0% year-to-date October
-
Europe comparable sales increased 5.5% for the month; 5.4% year-to-date October
OAK
BROOK, IL - McDonald's Corporation announced today that Systemwide sales for
McDonald’s restaurants worldwide increased 8.2% in October, or 6.6% in constant
currencies.
McDonald's
Chief Executive Officer Jim Skinner said, "McDonald’s
Plan to Win continues to deliver global comparable sales and guest counts
increases. The ongoing strength of our results reflects the power of our
customer-focused plan, supported
by actions that enhance the relevance of the Brand."
U.S.
comparable sales rose 5.6% for the month fueled by the Company’s robust
breakfast business and customer enthusiasm for
McDonald’s Monopoly game, which featured our appealing Chicken Selects and
Premium Chicken Sandwiches. In addition, the ongoing popularity of the Snack
Wrap continued to contribute to results.
McDonald’s
Europe posted a 5.5% increase in comparable sales for the month driven by strong
performance in Germany and France. McDonald’s European business continues to
benefit from a combination of initiatives including locally relevant menu
selections, dependable everyday affordable options and engaging and innovative
promotions.
1
| Percent Increase |
Comparable
Sales
|
Systemwide Sales
|
|||||||
|
Month
ended October 31,
|
2006 | 2005 |
As
Reported
|
Constant
Currency
|
|||||
|
|
|
|
|
|
|||||
|
McDonald’s
Restaurants*
|
5.5
|
3.4
|
8.2
|
6.6
|
|||||
|
Major
Segments:
|
|||||||||
|
U.S.
|
5.6
|
3.0
|
6.3
|
6.3
|
|||||
|
Europe
|
5.5
|
3.3
|
12.1
|
6.7
|
|||||
|
APMEA**
|
4.7
|
4.3
|
6.1
|
6.8
|
|||||
|
Year-To-Date
October 31,
|
|||||||||
|
|
|
|
|
|
|||||
|
McDonald’s
Restaurants*
|
5.5
|
3.8
|
6.4
|
6.6
|
|||||
|
Major
Segments:
|
|||||||||
|
U.S.
|
5.0
|
4.4
|
5.7
|
5.7
|
|||||
|
Europe
|
5.4
|
2.7
|
6.1
|
6.5
|
|||||
|
APMEA**
|
5.7
|
3.5
|
4.4
|
7.7
|
|||||
* Excludes non-McDonald's brands
** Asia/Pacific, Middle East and Africa
Definitions
| · |
Comparable
sales
represent sales at all McDonald's restaurants, including those operated
by
the Company, franchisees and affiliates, in operation at least thirteen
months including those temporarily closed, excluding the impact of
currency translation. Some of the reasons restaurants may be temporarily
closed include road construction, reimaging or remodeling and natural
disasters. Management reviews the increase or decrease in comparable
sales
compared with the same period in the prior year to assess business
trends.
|
| · |
Information
in constant
currency
is
calculated by translating current year results at prior year average
exchange rates.
|
| · |
Systemwide
sales
include sales at all McDonald's restaurants, including those operated
by
the Company, franchisees and affiliates. Management believes Systemwide
sales information is useful in analyzing the Company's revenues because
franchisees and affiliates pay rent, service fees and/or royalties
that
generally are based on a percent of sales with specified minimum
rent
payments.
|
| · |
The
number of weekdays, weekend days and timing of holidays can impact
our
reported comparable sales. For the month of October 2006, this
calendar
shift/trading day adjustment
consisted of one more Tuesday and one less Saturday, compared with
October
2005. The resulting adjustment varied around the world, ranging from
approximately -1.1% to -1.7%.
|
Upcoming
Communications
Jim
Skinner, Chief Executive Officer, and Matthew Paull, Chief Financial Officer,
will speak at 9:20 a.m. (Eastern Time) at the Morgan Stanley Global Consumer
and
Retail Conference on November 15, 2006. This presentation will be webcast
live
and available for replay for a limited time thereafter at www.investor.mcdonalds.com.
2
McDonald’s
tentatively plans to release November sales on December 8, 2006.
McDonald's
is the leading global foodservice retailer with more than 30,000 local
restaurants in more than 100 countries. Approximately 70% of McDonald's
restaurants worldwide are owned and operated by independent local men and
women.
Please visit our website at www.mcdonalds.com
to learn
more about the Company.
Forward-Looking
Statements
This
release contains certain forward-looking statements, which reflect management’s
expectations regarding future events and operating performance and speak
only as
of the date hereof. These forward-looking statements involve a number of
risks
and uncertainties. The factors that could cause actual results to differ
materially from our expectations are detailed in the Company’s filings with the
Securities and Exchange Commission, such as its annual and quarterly
reports.
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