Company News

Europe posted a 3.5% increase in comparable sales for April with each of the segment’s major markets – France, the U.K., Germany and Russia – contributing. Customer enthusiasm for the latest addition of Monopoly in Germany and the U.K., premium food events in France and Russia, as well as the on-going benefits of restaurant reimaging fuelled results for the month.

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Europe delivered solid comparable sales growth of 5.0% and operating income growth of 4% (8% in constant currencies) for the quarter. Performance in the U.K and Russia led the segment’s sales growth, with France and Germany also contributing. Europe’s emphasis on everyday affordability, premium product innovation and restaurant reimaging continued to provide an appealing restaurant experience and contributed to the segment’s quarterly results. On-going economic challenges and severe weather in February negatively impacted the quarter.

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McDonald’s Chief Executive Officer Jim Skinner today announced that Tim Fenton, currently President of McDonald’s Asia, Pacific, Middle East and Africa (APMEA) and 39-year veteran with the Company, has been elected to the role of Chief Operating Officer, with responsibility for the company's more than 33,500 restaurants worldwide.

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McDonald’s Chief Executive Officer Jim Skinner today announced that Tim Fenton, currently President of McDonald’s Asia, Pacific, Middle East and Africa (APMEA) and 39-year veteran with the Company, has been elected to the role of Chief Operating Officer, with responsibility for the company's more than 33,500 restaurants worldwide.

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McDonald’s Corporation today announced that Vice Chairman and Chief Executive Officer Jim Skinner retire after 41 years with the Company, effective June 30, 2012. McDonald’s Board of Directors elected current President and Chief Operating Officer Don Thompson to succeed Skinner as CEO, effective July 1, 2012.

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Europe posted a 4.0% increase in comparable sales for February led by results in the U.K and Russia. Severe winter weather in certain markets negatively impacted the segment’s overall February results. Across Europe, performance benefited from compelling value menu offerings, fourth-tier products, limited-time food events and the ongoing benefit of modernized locations that are differentiating the McDonald’s experience.

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Europe posted a 4% increase in comparable sales for January driven by performance in the UK, Russia, Germany and France. Amidst on-going economic challenges, McDonald’s core menu options, rotating premium and mid-tier offerings and on-going restaurant reimaging provided customers with compelling value and a relevant experience that drove the segment’s comparable sales increase for the month.

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Europe generated strong comparable sales results and market share gains for the quarter and year in the face of on-going economic uncertainty. France, the UK, Russia and Germany led the segment’s operating income growth for both periods. Emphasis on unique promotional food events, fourth-tier menu development and restaurant reimaging continued to provide an appealing customer experience and contributed to the segment’s performance.

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McDonald’s Corporation today announced its renewal as a TOP (The Olympic Partner Program) Sponsor through the 2020 Olympic Games and pledged its commitment to champion generations of happy, active kids.

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Europe posted a 6.5% increase in comparable sales for November driven by performance in the U.K., France, Russia and Germany. Throughout Europe, an expanding variety of premium and mid-tier products, exciting promotional food and marketing events, and reimaged restaurants enhanced the McDonald’s experience and drove the segment’s comparable sales increase for the month.

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Europe posted a 4.8% increase in comparable sales for the month driven by performance in France, Russia and the UK. The segment continued to benefit from locally-relevant menu choices, promotional food events, everyday value options and reimaged restaurants that are more convenient and accessible.

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McDonald’s Europe produced comparable sales of 4.9% driven by tiered-menus that offer premium, core and everyday value selections, unique promotional food events that capitalise on customers’ desire for variety, and ongoing restaurant modernisation efforts. France, Russia, Germany and the UK led the segment’s sales and operating income growth.

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In Europe, comparable sales for the month rose 2.7% led by performance in the U.K and Russia. Europe’s premium offerings, locally-relevant food events and the ongoing benefit of modernised restaurants contributed to the month’s results.

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