McDonald's today reported its first quarterly earnings increase in more than a year, as a weak US dollar boosted foreign sales and helped offset a lacklustre performance in the US.
The world's largest restaurant chain said second-quarter net income rose to $497.5 million, up from $440.9 million, a year earlier.
The results mark the end of a losing streak for McDonald's, which has posted earnings declines in the previous six quarters amid weak sales in several markets, including its core market in the United States.
