Global Economy

McDonald's Restaurant Revamp Is Paying Off, CEO Says


McDonald ’s Corp. said higher menu prices and rising orders for its burgers and other menu staples helped boost sales in its latest quarter.

The burger giant reported $5.9 billion in sales for the three months ended March 31, exceeding the expectations of analysts polled by FactSet. Quarterly revenue increased 4% from the prior-year period and 8% when accounting for the effects of currency fluctuations, the company said. 



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