Look Out Starbucks:McDonald's Coffee, Sales Rock

Nov. 8 (Bloomberg) -- McDonald's Corp., the world's largest restaurant company, said October sales rose 6.9%, beating analysts' estimates on sales of cinnamon rolls and coffee in the U.S. and chicken snack wraps in Europe.

Sales in U.S. restaurants open at least 13 months advanced 5.4%, while Europe's comparable sales increased 6.4%, the Oak Brook, Illinois-based company said today in a statement. The median estimate for global sales growth among four analysts surveyed by Bloomberg was 5.2%.