Fast food chains launch ‘value menu' war after cost complaints. Will it last? [Los Angeles Times (CA)]
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McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Los Angeles Times
It couldn't come at a better time. Fast food joints are in the midst of a budget-meal war, offering promotions to lure customers back to their restaurants despite inflation woes and a minimum-wage increase in California and other states. Starting June 25, McDonald's will offer a month-long deal featuring a combo meal —either a McChicken, a McDouble or four-piece chicken nuggets, small fries and a small drink — for $5. After McDonald's announcement last month, other fast food restaurants followed suit. Wendy's announced its $3 limited-time breakfast combo meal and Burger King trumpeted that it planned to bring back its $5 Your Way Meal. In addition, fast food mobile apps continue to offer deep discounts. Earlier this week, a Big Mac with medium fries and medium drink cost $11.79 before tax at a McDonald's in Santa Ana. That same meal ordered via a mobile app for pickup at the same location cost $6.50 before tax, a savings of $5.29. But the prices and deals tend to vary depend
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MCD
News
- McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back [Yahoo! Finance Canada]Yahoo! Finance Canada
- McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back [Yahoo! Finance]Yahoo! Finance
- McDonald's, its rivals offer $5 meal deals to lure back budget-conscious consumers. Will the plan work? [FOX Business Network]FOX Business Network
- California fast-food franchise owners, consumers feel brunt of minimum wage hike [Yahoo! Finance]Yahoo! Finance
- California fast-food franchise owners, consumers feel brunt of minimum wage hike [Yahoo! Finance Canada]Yahoo! Finance Canada
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 6/21/24 - Form 4
- 6/21/24 - Form 144
- 6/11/24 - Form 11-K
- MCD's page on the SEC website