McDonald's sales surge on BTS meal craze, new crispy chicken sandwich


BANGALURU (Reuters) - Global sales and profit for McDonald's Corp surged past Wall Street targets on Wednesday as restaurants reopened and consumers lapped up its new crispy chicken sandwich and a wildly popular celebrity meal inspired by South Korean pop band BTS.

Same-store sales for the world's biggest fast-food chain jumped 40.5% in the second quarter and exceeded the pre-pandemic levels of 2019 for the second straight quarter. Analysts were expecting a 39.81% rise.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

McDonald's , BTS

   

Next In Business News

Ananda Krishnan a key figure in developing Malaysian media, telco and entertainment industries
Bank Negara urges insurers, takaful operators to review repricing strategies
Capital A delivers net profit of RM1.64bil in 3Q on forex gains, demand recovery
Genting maintains positive outlook on tourism, gaming market
EcoWorld's unit issues RM300mil sukuk wakalah
Ringgit ends flat in quiet trading ahead of US Thanksgiving holiday
Oil flat after US gasoline stocks build and delay to Opec+ meeting
TNB's net profit soars 85% to RM1.58bil in 3Q
PPB's 3Q net profit falls to RM208.12mil
Exsim Hospitality's hospitality operator business ushers in new revenue

Others Also Read