US Stock Market Move | Q4 global same-store sales growth better than expected, McDonald's Corporation (MCD.US) up over 4%

On Monday, McDonald's Corporation (MCD.US) rose over 4% to $306.90. On the news front, the company's total revenue for the fourth quarter of 2024 was $6.388 billion, down from $6.406 billion in the same period last year; net profit was $2.017 billion, down from $2.039 billion in the same period last year; adjusted earnings per share were $2.83, compared to an estimated $2.84. The company's same-store sales increased by 0.4% in the fourth quarter, compared to an estimated decline of 0.93%. McDonald's Corporation's global same-store sales growth for the fourth quarter of last year was less than 1%, which is better than the Wall Street's previous forecast of a 1.1% decline.