AP Photo/Nam Y. Huh
CHICAGO (AP) — McDonald's is reporting strong global growth in sales at established locations, and it's topped expectations for both profit and revenue.
The world's biggest hamburger chain on Wednesday reported fourth-quarter earnings of $1.42 billion, or $1.82 per share.
Adjustments for one-time gains and costs came to $1.97 per share, which is seven cents better than industry analysts had expected, according to a poll by Zacks Investment Research.
Revenue was $5.16 billion, matching forecasts. McDonald's Corp. recorded global same-store sales growth of 4.4 percent.
