Australians eating up McDonald's growth

Australians eating up McDonald's growth
Tags: Burger/Steak/BBQ, Food & Beverage, Franchising & Growth, International
August 22, 2010

Due to high demand, McDonald's has opened 50 new restaurants in Australia in the past three years. The number of customers visiting the chain has reached a record 1.7 million, up by 500,000 visitors since 2007.

According to News.Com.Au, there are now 811 outlets in the country, versus the two closest quick-service chains KFC, with 540, and Hungry Jack's, at 340 restaurants.

Global sales for the company were up 4.2 percent in the second quarter. Asia/Pacific, Middle East and Africa's (APMEA) 19 percent operating income increase was supported mostly by Australia and China's daypart expansion and core menu extensions.