
Adult Happy Meals and other limited-time promotions boosted traffic at McDonald’s restaurants during the fourth quarter despite higher prices. But the company warned that inflation — particularly in Europe — will continue to weigh on its operations this year.
Global same-store sales — or sales at stores open at least a year — rose 12.6% in the October-December period, the Chicago company said Tuesday. That beat Wall Street expectations for an 8.8% increase, according to analysts polled by FactSet.