McDonald’s Q1 profit up by 11% driven by coffee sales

MCDONALD’S has said first-quarter profit rose 11%, fuelled by US demand for coffee and burgers, and has predicted further increases in food costs this year.

Net income advanced to $1.21 billion (€845m), or $1.15 a share, the world’s biggest restaurant chain said.

Items such as beverages and the Chipotle BBQ Bacon Angus burger helped lure people in the US, the Illinois-based company said.