McDonald’s sees results from price hike

Chain tells analyst that check averages improve after 1% price increase

McDonald’s latest pricing strategy, which included a 1-percent increase in March, has paid off by pulling the quick-service chain’s average check out of negative territory, according to a securities analyst.

Company officials disclosed to analyst Andy Barish of Jefferies & Company that McDonald’s average check in March was flat compared with a year ago at its more than 14,000 U.S. restaurants. Barish estimated that McDonald’s 3.8-percent increase in same-sto

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