McDonald’s warns on 1Q, sales still rise

OAK BROOK Ill. McDonald’s Corp. said first-quarter results will be hurt by volatile foreign currency exchange rates and higher commodity costs, even as sales continue to surge.

Posting better-than-expected February same-store sales results on Monday, the No. 1 burger chain said that weaker foreign currencies against the U.S. dollar, especially in Eastern Europe, will pressure revenue and margin comparisons in the first quarter. If foreign currency rates remai

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