McDonald’s works on turnaround

McDonald’s works on turnaround

CEO says company must avoid “legacy thinking” as it works to lift global business

McDonald’s Corp. executives avoided discussing details of the company’s turnaround plan during an earnings call Wednesday, following a difficult quarter in which net income fell 33 percent and global same-store sales declined 2.3 percent.

McDonald’s CEO Steve Easterbrook hinted that the company’s changes, to be revealed at a special meeting on May 4, could be significant. He indicated that the company must avoid “legacy thinking” as it plots a turnaround.

“We can’t aff

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