Consumer Biz Review: McDonald’s Same Store Sales, Apple and Sam’s Club Strategize
McDonald’s (NYSE:MCD) global same-store sales growth of 6.7% in January, with the United States leading the way with a 7.8% increase in sales followed by the Asia/Pacific, Middle East and Africa region up a strong 7.3%, helped by the timing of the Chinese New Year.
Buffalo Wild Wings (NASDAQ:BWLD) shares are up 15% after having an awesome fourth quarter earnings report. It also plans to continue its pilot program. The program allows customers to order food from iPads, but BWLD will also expand the program to help it decide if the iPads should also allow customers to use entertainment, games, and advertising on the iPad, or whether the it should function simply as an ordering device.
News Corp.’s (NASDAQ:NWSA) United Kingdom tabloid newspaper unit has settled almost all of the nearly 60 civil phone-hacking cases brought against it, and as a result the cases are unlikely to proceed to trial before an October court deadline. However, News Corp. has agreed to pay out roughly $7.9 million to resolve claims by hacking victims.
Investing Insights: ESPN, Resorts Boost Disney’s Profits.
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