Fresh beef is coming to a McDonald's near you
Publishing timestamp: 2018-03-06 10:02:11
Summary
McDonald's is rolling out fresh beef Quarter Pounder patties to more U.S. locations, aiming to balance cheap deals with better quality food. The decision was costly, but the company is confident in the new product after successful tests in Texas and Oklahoma. However, analysts are concerned that McDonald's may be cannibalizing its own sales with numerous promotions.
Sentiment: MIXED
Tickers: MCD,
Keywords: restaurants, food and drink, mcdonald's corp, business, business news,
Source: https://www.cnbc.com/2018/03/06/fresh-beef-is-coming-to-a-mcdonalds-near-you.html