McDonald's Corp.'s same-store sales rose 4.8% in November from a year earlier, driven by its McRib sandwich in the U.S. and continued strong demand for McCafe beverages.
Shares were down 1.6% at $79.05 in premarket trading as the latest numbers missed analysts' estimates for growth of 5.6% globally, including a 5.1% rise in the U.S. The stock was up 29% this year through Tuesday's close. McDonald's also said currency fluctuations are expected to hurt fourth-quarter earnings by one to two cents a share.
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