McDonald's may be willing to lose money on $5 meal deals if it means winning back disgruntled cash-strapped customers [Yahoo! Finance]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Yahoo! Finance
“It's $25.39 for a 40-piece nuggets and two large fries. You couldn't even throw in the Sprite?" one TikToker grumbled Now the fast-food giant is avoiding further beef with its customers, planning to introduce a $5 meal deal to U.S. customers for a limited time, Bloomberg reported . The meal bundle could include a McChicken or McDouble, fries, and a drink—resembling similar promotions from the chain in other countries, such as Germany's McSmart Menü Coca-Cola will reportedly contribute funds to the fast-food chain to offset potential losses in profitability. McDonald's USA told Fortune that the company has always offered similar meal deals, with 90% of franchisees selling meal bundles for $4 or less. The company declined to comment on a potential $5 meal deal. The move would deliver on CEO Chris Kempczinski's promise on increasing cost-effective menu items after McDonald's missed earning expectations for the first time in almost four years in 2023's fourth quarter, in part beca
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MCD
News
- McDonald's Corporation (MCD) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- See If You Can Guess the Top 10 Restaurant Chains in America [Yahoo! Finance]Yahoo! Finance
- McDonald's just lost its chicken Big Mac trademark following a European court ruling [Business Insider]Business Insider
- Whataburger is expanding south in Florida. See where the locations are and what's next [Yahoo! Finance]Yahoo! Finance
- McDonald's not loving it after EU trademark loss of 'Big Mac' name [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- 5/30/24 - Form 144
- MCD's page on the SEC website