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McDonald's Corp.'s Dec. sales hike helps Q4 profit

Reuters
January 24, 2013, 12:03 am TWN

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McDonald's Corp. reported an unexpected rise in sales in December at established U.S. restaurants, helping to lift its fourth-quarter profit above analyst estimates.

The world's largest restaurant chain on Wednesday said sales at U.S. eateries open at least 13 months rose 0.9 percent in December, compared with an average estimate compiled by Consensus Metrix calling for a 1.78-percent drop in the month.

A push by the company to have more of its restaurants open on Christmas and a shift of the limited-time offering of its popular McRib sandwich to December, both helped boost U.S. sales during the month.

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