BUSINESS, Commerce

McDonald’s New Strategy Paying Off

Photo credit: ChadPerez49/wikipedia.org
Photo credit: ChadPerez49/wikipedia.org

McDonald’s has reported better-than-expected sales during the third quarter, lifted by the UK and an improved all-day breakfast menu.

The US fast food chain said like-for-like revenue rose by 3.5% in the three months to September.

Shares in the company rose after it beat analysts’ forecasts of a 1.5% increase in revenue.

McDonald’s is in the process of a major turnaround plan after a sustained period of falling sales.

Barbara Greene, Readers Bureau, Fellow

Edited by Jesus Chan

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