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Golden Arches going back to basics

McDonald's classic Big Mac is about to come in different varieties. JOERG KOCH/AFP/Getty Images

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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.

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