McDonald’s Sales and Profit Exceed Estimates as Value Offers Draw Customers
McDonald’s reported fourth-quarter comparable sales and adjusted earnings that beat Wall Street projections, with global same-store sales rising 5.7% and U.S. comps up 6.8%. The gains were driven by value-focused promotions, a revived Monopoly campaign and early tests of an expanded beverage lineup, while company revenue and net income also grew ye…