McDonald’s and other fast food chains are charging more. So much so that you may want to consider going for a slightly slower burger. Or at least, that’s what Applebee’s wants you to think about.
McDonald's is reportedly mulling a $5 meal deal in an effort to lure back inflation-plagued customers as sales at fast food restaurants dip due to consumers eating more meals at home.
McDonald's has had a rough 2024 so far. "Americans are choking on surging fast food prices," lamented a CNBC article, which cites the price of a McDonald's quarter pounder with cheese has more than doubled over the past 10 years. In the meantime, MCD stock has truly struggled.