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

All access premium subscription

This content requires a subscription to Feedstuffs in order to access. If you are a paid subscriber, use your email and password to Log In now.

Current Feedstuffs Subscribers: Online and mobile access are now included at no charge to you. To read this article, use your subscriber email and password to log-in to your account (or contact us for assistance in updating your account.)

Not Currently a Subscriber: Subscribe NOW to Feedstuffs and receive our print and/or digital publications, enewsletters and premium online content. Visit and click on Subscribe at the top of the page for more information.



Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.