McDonalds: "What Recession?"

With the competition  like Starbucks (NASDAQ:SBUX) and Wendy's (NYSE:WEN) struggling, McDonalds (NYSE:MCD) has now lapped the field.

McDonald’s Corporation announced today that global comparable sales increased 7.7% in November. Systemwide sales for McDonald’s worldwide restaurants were up 1.9% for the month, or 9.6% in constant currencies.

“McDonald’s continued strong performance reflects the benefits of our multidimensional approach,” said McDonald’s Chief Executive Officer, Jim Skinner. “Convenient locations, extended hours and quality food at an outstanding value are all reasons why people are choosing McDonald’s.”

U.S. comparable sales increased 4.5% in November due to the strength of McDonald’s market-leading breakfast business, the popularity of the chicken line-up as well as everyday value throughout the menu. In Europe, November comparable sales rose 7.8% led by France, the U.K. and Russia. Locally relevant premium products and compelling value fueled the segment’s results.

November comparable sales increased 13.2% in Asia/Pacific, Middle East and Africa due to strong sales growth in Japan, Australia and most other countries. Extended hours, breakfast and menu variety continue to deliver results.

In case anyone was wondering, this game is over, McDonalds won...