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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."
Some lower-income Americans are rejecting McDonald’s and opting to cook at home instead, the fast food chain’s chief financial officer said at an investor conference on Wednesday.
Shares of McDonald’s fell 1.7% in premarket trading. McDonald’s reported first-quarter net income of $1.93 billion, or $2.66 per share, up from $1.8 billion, or $2.45 per share, a year earlier.
McDonald’s recently reported a mixed first quarter, with U.S. same-store sales slightly missing expectations. Higher prices helped grow average checks, but some consumers pulled back as a result ...
A new value menu was rolled out at McDonald's on January 4, 2018 in the United States. It featured a dozen items at various price points: $1, $2 and $3, with four items per price point. [11] Originally, this menu no longer featured fries, which was criticized by Good Mythical Morning along with only a few items at the $1 price point. [12]
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.
We crunched some numbers using prices from our local McDonald’s on the buy one, add one for $1 menu, and depending on what you choose, it’s not going to be a great savings — and that’s ...
McDonald's (MCD) 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 ...