McDonald's U.S. sales rise on appetite for low-priced burgers, drinks

(Reuters) - McDonald's Corp on Tuesday reported a 4.5 percent increase in quarterly sales at established U.S. restaurants, luring diners with $1 sodas, $2 coffees and $5 combo offers.

The figure was in line with analysts' expectations, according to research firm Consensus Metrix.

Net income fell to $698.7 million or 87 cents per share, from $1.19 billion or $1.44 per share, a year earlier, mainly due to a $700 million charge related to the recent changes in U.S. tax law.

(Reporting by Siddharth Cavale and Lisa Baertlein in Los Angeles; Editing by Bernard Orr)