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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.
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.
Labor costs, specifically, have come into the spotlight after the state of California — which is home to nearly 1,300 McDonald’s restaurants, more than 230 owner/operators and more than 70,000 ...
The Hawaiian island ranks as one of the most expensive places in the country to grab a bite to eat at McDonald's, with a Big Mac costing $6.99 in Kahului, according to the McDonald's app.
If there were an Olympics for buying stuff while staring down political upheaval and wars and pandemics, the United States would take home gold, silver and bronze 100% of the time. But lately, we ...
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For many years, fast-food giant McDonald's could do no wrong. The company was the unquestioned leader in the fast-food industry. It grew into a corporate empire, serving billions of customers ...