Net income of $1.38 billion translated to $1.33 per share, beating the $1.29 predicted by analysts polled by FactSet.

Revenue jumped 10 percent to $6.82 billion, slightly above expectations of $6.81 billion.

CEO Jim Skinner said the Oak Brook-based company, the world’s largest burger chain, plans to open 1,300 new restaurants in the coming year, to add to the current roster of 33,100-plus locations around the world.

Skinner also said McDonald’s would continue to set aside money for renovating restaurants. The renovations have helped attract new customers but have also needled some franchisees who had to pay some of the cost.