(Reuters) – McDonald’s Corp <MCD.N> reported a stronger-than-expected rise in sales at established U.S. restaurants on Friday, as the world’s largest burger chain benefited from national and local deals, including the 2 for $5 Mix and Match offer.
Sales at U.S. restaurants open for at least 13 months rose 5.7% in the second quarter ended June 30, above the 4.47% growth expected by analysts, according to IBES data from Refinitiv.
Total revenue, including both U.S. and overseas operations, was largely flat at $5.34 billion (£4.29 billion), as the company moves to franchised from owned restaurants, which replaces sales with royalties.
Still, McDonald’s slightly exceeded expectations of $5.33 billion.
(Reporting by Aishwarya Venugopal and Nivedita Balu in Bengaluru; Editing by Tomasz Janowski; Editing by Tomasz Janowski)