McDonald's turnaround plan taking hold

Company posts better-than-expected earnings in first-quarter financial results.

This week, McDonald’s released better-than-expected results for the first quarter ended March 31, 2016.

First-quarter results included a global comparable sales increase of 6.2%, which benefited from one additional day due to Leap Year. The company reported diluted earnings of $1.23 per share on $5.9 billion, an increase of 46% (51% in constant currencies), which includes a comparison against the prior year's strategic charges of 17 cents per share. Excluding the impact of these st

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