McDonald’s announced that it had topped Wall Street estimates for the fourth quarter as it raised meal prices, despite the latest warnings that inflationary pressures would persist into this year.
The fast-food chain said it is still aiming to build new restaurants to boost business as part of its new strategy, which the company says will add nearly 1.5 percent to its total sales growth in 2023, according to CEO Chris Kempczinski during an earnings call on Jan. 30, Reuters reported.
