Golden Arches’ golden return
The fast food giant has announced its sales have rocketed in all corners of the globe, sending its shares into a six-year high on the New York Stock Exchange.
Sales increased by almost 10% in Europe last month, with French and British diners flocking back to the Golden Arches in biggest numbers.
Three years ago, the company was almost written off as a “has-been”, an evil empire that was fuelling an obesity epidemic.
The film Super Size Me graphically demonstrated the risks of a diet based on Big Macs and fries.
Not long after, two chief executives of the company died — one from heart disease, the other from cancer.
The stunning turnaround announced in a self-congratulatory press release this week is being put down to healthier menus featuring carrots, apples and walnuts as an alternative to the usual greasy food.
The company held a press conference in Dublin last month to announce a reduction of trans fats in all products. But it will be another two to three years before these practices come into effect.
McDonald’s also promised a 50% salt reduction in french fries and a 30% reduction in chicken nuggets.
Darren Tristano, an analyst at the Chicago-based food consultancy Technomic, said meals for as little as 99 cents have also revitalised sales.
He said the Big Mac, and not the carrot sticks, is driving sales: “Salads eliminate the veto vote. If you’re in a party of people where one person wants to stay healthy, the new menu allows that person to get what they are looking for and stops a group going somewhere else,” he said.




