In its recently completed third quarter, McDonald’s Corp. said that its revenues fell by $372 million, or 5 percent. But it wasn’t because the company sold fewer hamburgers.
The problem was the dollar.
The strong U.S. dollar has been a burden on many company earnings, Yum! Brands Inc., Domino’s Pizza Inc., Krispy Kreme Doughnuts, included.
At a big global multinational like McDonald’s, the impact of the dollar can be big. McDonald’s said that, without that fo