Getting your player ready...
CHICAGO — Consumer spending and confidence may be waning, but people still need that jolt of morning caffeine to wash down an egg sandwich. McDonald’s big push on coffee and new breakfast items in its U.S. restaurants contributed to a double-digit jump in same-store sales last month, accompanying even stronger growth in Europe, the company said Monday.
The world’s biggest fast-food chain reported that sales from its outlets open at least 13 months climbed 11.7 percent over a year earlier — evidence that the economic slowdown hasn’t dealt it the blow that some investors had earlier feared.
The company said its premium-roast coffee helped fuel U.S. same-store sales growth of 8.3 percent in February.
