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This is why a strong US dollar will hurt McDonald's

Business Insider - 30 Mar 2016 03:40
Biz Carson/Business Insider In recent months, McDonald's has been trumpeting the success of its "turnaround" strategy. However, a closer look at earnings reports reveals that a changing US dollar has been affecting revenue and profit. How exactly is this impacting the company? And what lesson can investors take away from a study of this? A look at earnings and foreign currencyMcDonald's "turnaround" strategy is being led by the launch of all-day breakfast and new value menu options. The co...
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