Golden Arches going back to basics

Annie Baxter Apr 22, 2016
HTML EMBED:
COPY
McDonald's classic Big Mac is about to come in different varieties. JOERG KOCH/AFP/Getty Images

Golden Arches going back to basics

Annie Baxter Apr 22, 2016
McDonald's classic Big Mac is about to come in different varieties. JOERG KOCH/AFP/Getty Images
HTML EMBED:
COPY

This story’s text has been updated.

McDonald’s first-quarter earnings have beat expectations.

The burger giant announced it made $1.23 per share, with revenue hitting $5.9 billion.

McDonald’s seems to be pulling out of its sales slump. Analysts said menu simplification and a focus on core competencies, like breakfast items, are helping to turn the fast food giant around. The company is also about to test new variations on the Big Mac, which include the Grand Mac and the Mac Jr.

Click the above audio to hear the full report. 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.