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.
(Bloomberg) -- McDonald’s Corp. is looking to launch a $5 meal deal in the US that the burger chain is betting can lure penny-pinching consumers back in.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsJim Simons, Code Breaker Who Mastered Investing, Dies at 86Apple Nears Deal With OpenAI to Put ChatGPT on iPhoneIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealThe deal could