McDonald's Shares Surge as Customers Flock to $1, $2, $3 Menus

Same-store sales top estimates in all the company’s segments
The chain is going to take back market share, analyst says

Here’s why McDonald’s revamped stores, new dollar menu, and recent breakfast deals are clicking with more Americans.(Source: Bloomberg)

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By Leslie Patton

April 30, 2018 at 12:04 PM UTC

Updated on

April 30, 2018 at 1:38 PM UTC

McDonald’s Corp. may be hitting its stride. The company’s revamped stores, fresh beef burgers and premium sandwiches -- along with its new $1, $2, $3 menu -- is clicking more with Americans.

The burger chain reported global same-store sales that topped analysts’ projections in its latest quarter, indicating its new dollar menu and recent breakfast deals in the U.S. are working. The report sent the shares up the most in nine months on Monday.