NEW YORK (AP) — Cheap eats, sodas and crispy chicken tenders helped boost a key sales figure at McDonald’s.
The world’s largest hamburger chain said Tuesday that U.S. sales rose 4.5 percent at established locations during the fourth quarter, thanks to its two-for- deal called McPick 2, its new buttermilk crispy tenders and its expanding delivery service.
The Oak Brook, Illinois-based company also reported better-than expected earnings and revenue for the quarter.
The company posted net income of .7 million, or 87 cents per share. Earnings, adjusted for non-recurring costs, were .71 per share, beating the .59 per share analysts expected, according to Zacks Investment Research.
It had revenue of .34 billion, above the .26 billion analysts expected.
After the results were released, McDonald’s Corp. shares slipped half a percentage to .50 in premarket trading Tuesday.
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCD at https://www.zacks.com/ap/MCD