McDonald's (MCD, Financial) saw its stock rise by over 4% in early trading. The company's latest financial report revealed a surprising 0.4% increase in global same-store sales for the fourth quarter. This performance defied analysts' expectations, who had predicted a decline in sales.
This positive result marks a turnaround for McDonald's, ending a two-quarter streak of negative growth. The previous declines were attributed to a decrease in global consumer dining out and boycotts related to geopolitical tensions, particularly the conflict between Israel and Hamas.
