Sunday 22 April 2012

McDonald's profits boosted by store revamps

McDonald's profits rose 5% in the first quarter to $1.27bn, helped by a revamp of its restaurants.

The company said profits had also been boosted by new menu items, including chicken McBites and McCafe drinks.

Sales at US stores that have been open at least 13 months rose 8.9% in the quarter.

Last month McDonald's said Don Thompson would takeover as chief executive in July. He replaces Jim Skinner who retired after 41 years at the firm.


http://www.bbc.co.uk/news/business-17790279

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