Wendy's rolls out a $3 breakfast combo, the latest fast-food chain to roll out cheap eats in a bid to recover lost customers [Fortune]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Fortune
Now Wendy's has joined the trend, but it's taking the price wars to a different meal. Wendy's has announced a new breakfast combo, which will give customers potatoes and their choice of either a Bacon, Egg & Cheese English Muffin or a Sausage, Egg & Cheese English Muffin for $3. Other discounts have largely been focused on the lunch and dinner crowds. The Wendy's special is already in effect—and while McDonald's has been very clear that its price reductions are temporary, Wendy's did not put an expiration date on its deal. (The company is also offering free fries every Friday through the summer.) McDonald's, earlier this month, announced that starting June 25, the company will offer four items, a McChicken or McDouble burger, a four-piece chicken nuggets, fries and a drink— for just five bucks . But that offer will only last for a month. Franchisees of that chain soon weighed in, saying the company needed to make more contributions if cheap offerings were going to continue.
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News
- Fast food companies compete for the best value meal [Yahoo! Finance]Yahoo! Finance
- Fast food companies compete for the best value meal [Yahoo! Finance Canada]Yahoo! Finance Canada
- In-N-Out raised prices in California amid minimum wage hike. How much do burgers cost now? [Yahoo! Finance]Yahoo! Finance
- Fast-food restaurants add inflation-fighting value meals to menus: Here are 5 to check out [Yahoo! Finance]Yahoo! Finance
- In-N-Out raises California prices of Double-Double after minimum wage law [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/11/24 - Form 11-K
- 5/31/24 - Form 3
- 5/30/24 - Form 4
- MCD's page on the SEC website