McDonald’s tops estimates for quarterly comparable sales, warns short-term inflation to persist

McDonald’s tops estimates for quarterly comparable sales, warns short-term inflation to persist

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McDonald’s Corp MCD-N beat Wall Street estimates for quarterly comparable sales on Tuesday, boosted by higher menu prices, increased restaurant traffic and gains in most major markets. The burger chain’s global same-store sales increased 12.6 per cent in the fourth quarter ended Dec. 31, compared…

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