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McDonald's executives admit diners think prices are too high, say they're working to create value - TL;DR CNBC

McDonald's executives admit diners think prices are too high, say they're working to create value

Publishing timestamp: 2024-07-29 15:28:21


Summary

McDonald's executives acknowledge that diners find their prices too high and are taking a forensic approach to evaluating prices. Despite successful $5 value meal offering, lower-income consumers are still hesitant to spend. Company is working to improve value execution and regain market share.


Sentiment: MIXED

Tickers: MCD

Keywords: food and drinkmcdonald's corpbusiness newsrestaurantsbusiness

Source: https://www.cnbc.com/2024/07/29/mcdonalds-earnings-executives-say-prices-are-too-high.html


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