McDonald's Corporation, a fast food chain company in US, released its results of the first quarter. The company said that the sales in the first three months of the fiscal saw a growth of 11% over the previous corresponding quarter.

McDonald's said that the increased sales figures in the first quarter were mainly attributable to the strong international performance of the company. The strong business at its coffee shops also played an important role in the increased sales in the first three months of the year.

McDonald's reported today that the net profit for the first quarter was posted of $1.09 billion or $1 per share, while it was posted of $979.5 million or 87 cents per share in the same quarter last year.

The net profit in the first quarter beat the estimates of the analysts as they were anticipating net profit of 96 cents per share for the period.

Total revenues in the first quarter were reported of $5.61 billion, increasing by 10% while it was reported of $5.08 billion in the same period last year. Analysts were anticipating the total revenues of $5.52 billion for the period.

Overall same-store sales grew by 4.2% in the first quarter. The same store sales were attributable to the increase in Europe, Asia, Pacific Islands, Middle East and Africa.