OAK BROOK Ill. McDonaldâ€™s Corp. said first-quarter results will be hurt by volatile foreign currency exchange rates and higher commodity costs, even as sales continue to surge. Posting better-than-expected February same-store sales results on Monday, the No. 1 burger chain said that weaker foreign currencies against the U.S. dollar, especially in Eastern Europe, will pressure revenue and margin comparisons in the first quarter. If foreign currency rates remain at current levels, ...
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Contact: Desiree Torres Desiree.Torres@penton.com