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Tuesday, January 26, 2016
McDonald's Sales Go Up Powered by All-Day Breakfast Menu
McDonald's had posted its best U.S. quarterly sales in nearly four years, driven by all-day breakfast menu sales.
The fast food chain had struggled lately to remain relevant with consumers, amid intense competition from other fast food restaurants.
Earlier this month, McDonald's introduced a value menu that is expected to increase the company sales. Its new McPick 2 menu allows customers to pick a pair of items for a total of $2 from four choices: mozzarella sticks, small fries and the McDouble and McChicken sandwiches.
McDonald's reported quarterly profit of $1.21 billion, or $1.31 a share, up from $1.1 billion, or $1.13 a share, a year earlier. Revenue declined 3.5% to $6.34 billion, in the quarter.
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