McDonald's Surpasses Expectations with Higher Menu Prices

McDonald's beat earnings estimates for the third quarter, with higher menu prices boosting sales growth. Global systemwide sales increased 11%, while global same-store sales jumped 8.8%. Revenue rose 14% year-over-year to $6.69 billion, and adjusted earnings per share increased by 19%. The company attributed its success to higher menu prices, new marketing campaigns, and growing digital and delivery orders. McDonald's also reported that systemwide digital sales accounted for 40% of total sales, totaling $9 billion across its six biggest markets.