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Report: McDonald’s Has First Drop In Sales Since COVID-19 Era

A McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. McDonald’s has extended its $5 meal deal in most U.S. locations after an initial four-week period, and the fast-food icon says the deal is bringing customers back to its restaurants. (Photo by Mario Tama/Getty Images) By James Myers, OAN […]

McDonald’s sales decline for first time in years as higher fast food prices hurt demand

“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. McDonald’s has struggled to attract cash-strapped customers amid rising menu prices, leading to its first sales decline in years. McDonald’s CEO Chris Kempczinski said the company’s system has “endured significant inflationary cost increases” over the […]

McDonald’s reports first drop in sales since 2020

Burger giant McDonald’s reported its first sales decline since the early days of the coronavirus pandemic on Monday as it struggles to attract cash-strapped customers due to rising menu prices. The Chicago-based fast-food chain, which introduced a $5 value menu last month to lure customers, said second-quarter U.S. same-store sales fell 0.7 percent and revenue […]

McDonald’s posts weak quarterly results as higher fast food prices hurt demand

“The Big Money Show” co-host Brian Bremberg breaks down the latest inflation data and discusses California’s $20 minimum wage hike. Burger chain McDonald’s Inc. on Monday reported an unexpected drop in sales and a quarterly profit that fell short of Wall Street expectations as rising menu prices helped it struggle to attract cash-strapped customers who […]

McDonald’s aims to extend $5 meal deal to keep customer sales trek going

McDonald’s seems to be loving its $5 meal deal and the lure it has had on customers — so much so that the chain is planning to continue the deal past its planned retirement. The deal, which gives customers a choice between a McDouble or a McChicken sandwich paired with a small order of fries, […]

McDonald’s to extend $5 Meal Deal through August as traffic improves

McDonald’s will be extending its fan-favorite $5 Meal Deal through August at most locations. Bloomberg reports. The fast food giant’s limited-time offer, which includes a McDouble or McChicken, four-piece nuggets, small fries and a small drink for just $5, was first introduced in June. The great value set menu was to be sold in restaurants […]

McDonald’s $5 meal deal to run longer: report

McDonald’s U.S. President Joe Erlinger appeared on the “Today” show on Tuesday to discuss the company’s proposed $5 meal plan as a response to rising fast-food prices. McDonald’s limited-time $5 meal set will be available at most locations for four weeks or more. While it was originally scheduled to last about a month, the majority […]

McDonald’s $5 value meals lure back inflation-battered customers: survey

Fast-food and casual-dining chains have been offering affordable meal plans this year to win back shoppers battered by inflation, and new data suggests it’s working. Restaurants including McDonald’s, Starbucks, Chili’s and Buffalo Wild Wings saw increased foot traffic after introducing meal bundles and limited-time discounts, according to a new study. McDonald’s launched its long-awaited $5 […]

Video shows suspect in shooting of two boys at NYC McDonald’s

The New York Police Department released video early Monday of a masked suspect in the shooting deaths of two boys, ages 12 and 13, at a McDonald’s in the Bronx over the weekend. Footage shows the suspect roaming around the fast-food restaurant on White Plains Road just before the shootout happened late Saturday night. Police […]