McDonald's Earnings: Sales Sizzle on Prudent Value and Innovation Focus, but Costs Bite

McDonald's posted 3.8% global comparable sales growth, with the US up 3.9% on higher average check size. Adjusted operating margin, excluding one-time gains, dipped 40 basis points to 45.2%, as cost pressures pinched company-operated restaurant margins by 50 basis points to 12.3%.