Associated Press file photo
McDonald's says sales of its new McCafe coffees helped boost its April profit.
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Published: May 9, 2009
OAK BROOK, Ill. - McDonald's says sales of its new McCafe coffees and chicken Snack Wraps in the U.S. helped boost same-store sales 6.9 percent in April.
Same-store sales, or sales in stores open at least 13 months in McDonald's case, rose 6.1 percent in the U.S., 8.4 percent in Europe and 6.5 percent in Asia/Pacific, the Middle East and Africa.
Systemwide sales fell 1 percent during the month, hurt by the stronger dollar in overseas markets, particularly Europe, where sales fell 11.1 percent. U.S. sales rose 7 percent.
Year-to-date, same-store sales rose 5 percent while systemwide sales fell 1.7 percent.
Same-store sales are a key measure of retailer performance, because they measure growth at existing stores rather than from newly opened ones.
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