BENGALURU/NEW YORK (April 25): McDonald's global comparable sales rose 12.6% in the first quarter (1Q), it said on Tuesday (April 25), blasting past Wall Street estimates as the burger chain banked on higher menu prices and more customer visits. Sales also rose by the same 12.6% for all of McDonald's Corp's geographical segments. Analyst had expected an 8.54% rise globally, according to Refinitiv IBES data. The Chicago-based company kicked off quarterly earnings reports among publicly traded restaurants.
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