OAK BROOK Ill. McDonaldâs 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, ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?