McDonald's Corporation announced results for the first quarter ended March 31, 2013. While the company posted higher revenues and earnings per share for the quarter, comparable sales and operating income declined - affected by comparison against strong prior year results that included an additional day in 2012 due to leap year.
"McDonald's remains diligently focused on enhancing our menu, restaurants and the overall customer experience to become more relevant to today's consumers," said McDonald's President and CEO Don Thompson. "While the Company's results for the quarter reflected difficult prior year comparisons and the ongoing impact of global economic headwinds, we continue our efforts to build market share and deliver sustained profitable growth for all stakeholders."