McDonald’s Corp. said its ongoing efforts to modernize its menu and its restaurants, with a little help from an extra operating day and favorable weather, drove healthy gains in same-store sales and profit in the first quarter. For the March 31-ended period, McDonald’s net income rose 5 percent to $1.27 billion, or $1.23 per share, compared with $1.21 billion, or $1.15 per share, a year earlier. Revenue increased 7 percent to $6.55 billion in the first quarter compared with $6.11 ...
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Contact: Desiree Torres Desiree.Torres@penton.com