McDonald?s reported on Tuesday morning that revenue and profit have both increased.

McDonald’s has reported on Tuesday morning that revenue and profit have both increased and while net sales have dropped a very minor 1%, the volatility in the forex exchange rates has been the main cause of this. Net sales actually rose 5% discounting for the fx rates.

EPS for McDonald’s came out at $2.59 vs $2.45 with Revenue at $5.93bn vs $5.68. A strong improvement.  Shares initially rallied 2.5%, however, are now down 1% heading into the Tuesday open call.

Full report is yet to be released.