McD’s 4-Q profit of $1.24B raises 2006 income to $3.54B

OAK BROOK Ill. McDonald’s Corp. reported Wednesday that fourth-quarter profit more than doubled from a year earlier to $1.24 billion, or $1.00 per share, on gains from the spin-off of its Chipotle Mexican Grill business and strong global sales.

The earnings were in line with preliminary results released last week. Per-share profit from continuing operations, which excludes the 39-cents-per-share gain from Chipotle’s divestiture, totaled 61 cents, an increase

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