 "Mcdonald's")
Higher US menu prices and celebrity-themed meals helped boost quarterly comparable sales at McDonald's Corp, but the company struggled to keep restaurants open at full capacity due to labor shortages and Covid-19 outbreaks, it reported on Wednesday.
Stock in the world's largest burger chain rose more than 3% to $244 a share, as US same-store sales grew 9.6% in the third quarter ended Sept. 30, compared with estimates of 8.27%, according to Refinitiv IBES data.
Global comparable sales also jumped 12.7% in the quarter versus estimates of 10.31% as international markets slowly recovered from the pandemic.
The US labor shortage caused some locations
