NEW YORK: McDonald’s has topped Wall Street estimates for fourth-quarter global comparable sales and profit, as meal deals and strong marketing promotions pulled in budget-strapped US diners and demand held firm in Australia and Britain.
Global same-store sales at the largest US burger chain rose 5.7% in the three months ended Dec 31, outpacing analysts’ average estimate of a 3.7% increase, according to data compiled by LSEG.
