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McDonald's January global same-store sales up 5.3%
Oak Brook, Ill. -- McDonald's Corp. reported Tuesday that global same-store sales increased 5.3% in January, comprised of a 3.1% rise in the United States, a 7% increase in Europe and a 5.2% increase in Asia/Pacific, Middle East and Africa.
Systemwide sales increased 7.4%, or 6.7% in constant currencies, for the month.
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Hhgregg Q3 net income surges
Indianapolis -- Appliance and electronics retailer Hhgregg reported Tuesday that net income for the quarter ended Dec. 31 rose 18.4% to $26.9 million, compared with $22.7 million in the year-ago period.
Net sales increased 30.6% to $653.7 million. Same-stores dropped 6.2%.