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SEP 9

McDonald's Reports 4.5% Sales Bump for August†

Olympic Sponsorship Appears to Pay Off, at Least in Short Term

Advertising Age, September 9, 2008 — McDonald's Corp. today reported same-store sales for August were up 4.5% in the U.S. — a result one analyst estimates will be nearly double the industry average. But industry-watchers are doubtful the company can keep up that pace, especially now that the Olympics are over.

UBS analyst David Palmer predicts the Golden Arches' August performance, which also saw global sales jump 8.5% compared to August of last year, will come in "nearly double" that of the fast-food industry as a whole.

Categories: Marketing Strategy, Marketing Effectiveness
Tags: McDonald's, Olympics, Sponsorship

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