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In a recent earnings call, McDonald's CEO Chris Kempczinski, said customers who made $45,000 or less have recently spent much less, finding that "eating at home has become more affordable."
To win back these customers, Borden said McDonald’s is offering them more bang for their buck at the drive-thru, including bundles priced at $4 and below at 90% of its US locations.
That's why McDonald's is often described one of the world's biggest real estate companies -- it owns more than $40 billion worth of property and related equipment. And yes, this makes a world of ...
McDonald’s U.S. same-store sales, or sales at locations open at least a year, fell 1.4% in the fourth quarter. McDonald's improving global sales help to offset US weakness in fourth quarter Skip ...
Now, McDonald’s is trying to win back poorer customers while appealing to more affluent customers who want something new. To do that, it’s doubling down on its $5 value meal promotion while ...
The video shows a receipt from a McDonald’s in Post Falls, Idaho, where Olive purchased a Smoky Double Quarter Pounder BLT, a large fries and a large Sprite for $16.10 after tax.
In last year's fourth quarter, McDonald's posted non-GAAP (generally accepted accounting principles) adjusted earnings per share of $2.83 on sales of $6.39 billion. Why McDonald's Stock Is Jumping ...
McDonald's may have let its menu prices inch too high.The world's largest restaurant chain delivered bad news to investors on Thursday. For the first time since 2003 the burger-flipping giant ...