McDonald’s fourth-quarter profit rises instead of expected downturn

OAK BROOK, Ill., Wed Jan 23, 2013 — McDonald’s Corp. reported a rise in fourth-quarter profit on Wednesday, as sales at established U.S. restaurants edged higher instead of falling as expected.

Net income at the world’s biggest restaurant chain rose to $1.40 billion, or $1.38 per share, from $1.38 billion, or $1.33 per share, a year earlier.