McDonald's Corp., the world's largest restaurant company, said October sales rose 6.9 percent as consumers bought more cinnamon rolls and coffee in the U.S....
McDonald's has posted monthly sales gains the past 4 1/2 years by adding iced coffee and lattes to two-thirds of its U.S. restaurants to compete with Starbucks Corp....
The company started selling a stronger coffee blend in 2006 to win customers from Starbucks, the world's largest coffee chain. McDonald's is testing an expanded beverage lineup, including lattes...
Global revenue increased 10 percent to $17 billion, McDonald's said in a regulatory filing Oct. 19.
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Once again conumers are benefiting from competition
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