Categories: Business

McDonald’s Q4 Sales Boosted by Lunch of All-Day Breakfast in US

McDonald’s has reported better than expected sales in Q4 of 2015, boosted by the launch of all-day breakfasts in the US.

The fast food giant extended US breakfasts beyond 10:30am in October 2015, saying it was customers’ number one request.

The company, working to turnaround its business under chief executive Steve Easterbrook, said the breakfast change helped US sales grow 5.7%.

Q4 revenue fell 4% to $6.4 billion due to the strong dollar, but profits rose 10% to $1.2 billion, McDonald’s said.

Steve Easterbrook, who was appointed a year ago, said: “We took bold, urgent action in 2015 to reset the business and position McDonald’s to deliver sustained profitable growth.”

McDonald’s said sales in its “high growth” markets, which include Russia and China, rose 3%.

Nancy Clayson

Nancy is a young, full of life lady who joined the team shortly after the BelleNews site started to run. She is focused on bringing up to light all the latest news from the technology industry. In her opinion the hi-tech expresses the humanity intellectual level. Nancy is an active person; she enjoys sports and delights herself in doing gardening in her spare time, as well as reading, always searching for new topics for her articles.

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