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McDonald's All-Day Breakfast, Value Deals Help Fuel Comeback

  • Same-store sales climb 6.2% for biggest gain in four years
  • CEO Steve Easterbrook says chain's turnaround is ‘taking hold’
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McDonald's Tops Estimates on McPick Value Deals

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McDonald’s Corp.’s turnaround is showing signs of gaining steam -- helped by all-day breakfast, value deals and lower commodity prices -- even as labor costs and other headwinds linger.

The fast-food chain posted a 6.2 percent gain in same-store sales last quarter, the best performance in four years, and earnings topped analysts’ estimates.