The #1 fast food chain in the world, McDonald’s (MCD) said today its global same-store sale rose 4.9% in August.
Same-store sales were up 4.6% in the U.S., where sales of McCafe Real Fruit Smoothies and Frappes fueled growth. Same-store sales grew 2.2% in Europe, and 7.8% in Asia, the Middle East, and Africa.
The sales figures matched analyst forecasts, but McDonald’s shares are down 3% Thursday.
Also today, 3G Capital said it will appoint Bernardo Hees as CEO of Burger King (BKC) when it completes it acquisition of the company, expected in the third quarter.
Hees was formerly CEO of America Latina Logistica (NYSE:ALL), Latin Americans largest railroad and logistics company, 3G said.
The #2 burger chain’s current chairman and CEO, John Chidsey, will remain in his post until the transaction closes, and then will be co-chairman of the board alongside 3G Capital managing partner Alex Behring.
3G agreed to buy Burger King last week for $24 per share, or $4 billion.
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