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McDonald’s Reports Over 6% System-Wide Sales Growth Despite Same-Store Sales Decline

Chief Financial Officer Ian Borden said the company delivered a solid first quarter globally even as same-store sales fell.

Summary

McDonald’s said its first quarter included a decline in same-store sales, but Chief Financial Officer Ian Borden described the period as a solid quarter globally. According to Borden, the company delivered system-wide sales growth of just over 6%. The figures indicate overall sales expansion across the broader restaurant system even though comparable sales at existing locations weakened.

Terms & Concepts
  • Same-store sales: A retail and restaurant metric that measures sales growth at locations open for a comparable period, excluding the effect of newly opened or closed stores.
  • System-wide sales: Total sales across all company-operated and franchised locations, used to show the scale of revenue generated by the full business network.