McDonald’s revenue soars as it hikes menu prices: ‘$18 Big Macs’

McDonald’s on Monday reported that its revenue was up 14% in the latest quarter — a surge the burger giant said was driven by “strategic menu price increases.” The Golden Arches brought in a total of $6.69 billion in revenue for the three-month period ended Sept. 30 — beating expectations of $6.58 billion, according to...

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