McDonald's last night reported fourth quarter earnings of $125.7m or 10 cents a share after charges, in line with Wall Street's expectations.
The results included a previously announced charge related to the sale of the Donatos Pizzeria chain, as well as costs for a shake-up at McDonald's Japanese operations. Total sales were up 17% to $4.55 billion.
In the same quarter a year ago, the world's largest fast food chain reported its first quarterly net loss of $343.8m.
McDonald's chief executive Jim Cantalupo said the fourth quarter capped a strong year for the company, with revenues up 11% and sales at stores open longer than 12 months up 2.4%.
