McDonald's Crosses $10 Billion in Annual Income

McDonald's (NYSE: MCD) rebound is still in full swing. The fast-food titan this week announced fourth-quarter earnings results that included record sales growth as it bounced back from its pandemic-related slump in 2020. The chain is becoming far more profitable, too, thanks to the combination of cost cuts and rising prices.

Let's look at some key takeaways from the Q4 update.

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Source Fool.com