McDonald’s Value Push and Bigger Burgers Drive Larger Orders (1)

McDonald’s Corp. is reeling in diners with souped-up value offerings and bigger burgers, leading to larger orders even in the face of economic pressures.

Revenue of $6.5 billion surpassed the average analyst estimate, and adjusted earnings per share of $2.83 were also higher than expected.

The shares rose 3.5% at 8:12 a.m. in premarket trading in New York. The stock has fallen 7% this year to date, as of Wednesday’s close.

McDonald’s said bigger orders bolstered results in the US. In the quarter, the chain debuted a pricier “hearty” Big Arch burger, which costs as much as $10 ...