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Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
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Slimmer Big Mac
March 10, 2009, Tuesday
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Print Edition
Print Edition
MCDONALD'S cautions that the stronger US dollar and commodity costs will likely squeeze its first-quarter revenue results and margins.
The fast-food chain anticipates quarterly sales to be off by at least US$600 million and earnings to be hurt by 7 cents to 9 cents per share if foreign currency rates stay at current levels.
The fast-food chain anticipates quarterly sales to be off by at least US$600 million and earnings to be hurt by 7 cents to 9 cents per share if foreign currency rates stay at current levels.
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