EXHIBIT
99
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Investor
Release
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FOR IMMEDIATE RELEASE
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FOR MORE INFORMATION
CONTACT:
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12/08/08
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Investors: Mary
Kay Shaw, 630-623-7559
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Media:
Heidi Barker,
630-623-3791
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McDONALD’S DELIVERS ANOTHER
MONTH OF STRONG GLOBAL
COMPARABLE SALES – NOVEMBER
UP 7.7%
McDonald’s
November comparable sales increases by segment were as follows:
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U.S.
up 4.5%
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Europe
up 7.8%
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Asia/Pacific,
Middle East and Africa up 13.2%
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OAK
BROOK, IL – McDonald’s Corporation announced today that global comparable sales
increased 7.7% in November. Systemwide sales for McDonald’s worldwide
restaurants were up 1.9% for the month, or 9.6% in constant
currencies.
“McDonald’s continued strong
performance reflects the benefits of our multidimensional approach,” said
McDonald’s Chief Executive Officer, Jim Skinner. “Convenient
locations, extended hours and quality food at an outstanding value are all
reasons why people are choosing McDonald’s.”
U.S.
comparable sales increased 4.5% in November due to the strength of McDonald’s
market-leading breakfast business, the popularity of the chicken line-up as well
as everyday value throughout the menu.
In
Europe, November comparable sales rose 7.8% led by France, the U.K. and
Russia. Locally relevant premium products and compelling value fueled
the segment’s results.
November
comparable sales increased 13.2% in Asia/Pacific, Middle East and Africa due to
strong sales growth in Japan, Australia and most other
countries. Extended hours, breakfast and menu variety continue to
deliver results.
| Percent Increase | Comparable | Systemwide Sales | ||||||||||||
| Sales | As | Constant | ||||||||||||
| Month ended November 30, | 2008 | 2007 |
Reported
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Currency | ||||||||||
| McDonald's Corporation | 7.7 | 8.2 | 1.9 | 9.6 | ||||||||||
| Major Segments: | ||||||||||||||
| U.S. | 4.5 | 4.4 | 5.5 | 5.5 | ||||||||||
| Europe | 7.8 | 10.8 | (7.2 | ) | 9.9 | |||||||||
| APMEA* | 13.2 | 12.0 | 13.4 | 17.1 | ||||||||||
| Year-To-Date November 30, | |||||||||||||||
| McDonald's Corporation | 7.1 | 7.0 | 12.2 | 8.6 | |||||||||||
| Major Segments: | |||||||||||||||
| U.S. | 3.9 | 4.9 | 4.8 | 4.8 | |||||||||||
| Europe | 8.8 | 7.6 | 17.1 | 10.6 | |||||||||||
| APMEA* | 9.3 | 10.4 | 19.9 | 12.2 | |||||||||||
| * Asia/Pacific, Middle East and Africa | |||||||||||||||
Definitions
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Comparable
sales represent sales at all restaurants 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 reimaging or remodeling, rebuilding, road
construction 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.
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Constant
currency results exclude the effects of currency translation and
are calculated by translating current year results at prior year average
exchange rates.
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Systemwide
sales include sales at all 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 and/or royalties that
generally are based on a percent of sales with specified minimum rent
payments.
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The
number of weekdays, weekend days and timing of holidays can impact our
reported comparable sales. In November 2008, this calendar shift/trading
day adjustment consisted of one less Thursday and Friday, and one
more Saturday and Sunday compared with November 2007. The
resulting adjustment varied by area of the world, ranging from
approximately 0.0% to +2.8%.
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Upcoming
Communications
McDonald’s
tentatively plans to release fourth quarter results before the market opens on
January 26, 2009 and will host an investor webcast. This webcast will
be broadcast live and available for replay for a limited time thereafter on
www.investor.mcdonalds.com.
McDonald's
is the leading global foodservice retailer with more than 31,000 local
restaurants in more than 100 countries. More than 75% of McDonald's
restaurants worldwide are owned and
operated by franchisees and affiliates. 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 and current reports on Form 8-K.
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