McDonald’s is working to introduce a $5 value meal
Publishing timestamp: 2024-05-10 16:20:33
Summary
McDonald's is working to introduce a $5 value meal in U.S. stores to help offset challenges for consumers, particularly low-income consumers who are pulling back on spending. The potential offering comes at a time when executives from various companies are noting restraint in spending. McDonald's is focusing on affordability to attract diners, with the initial proposal for the value meal facing hurdles but additional details being discussed.
Sentiment: NEUTRAL
Keywords: breaking news: economy, business, dave & buster's entertainment inc, mcdonald's corp, economy, restaurants, wendys co, business news, coca-cola co, united states, food and drink,
Source: https://www.cnbc.com/2024/05/10/mcdonalds-working-on-5-value-meal.html