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McDonald’s saw a drop in profits over the last year as more and more families opt to eat at home to save money.Now, they’ve introduced a $5 meal deal with the hopes of earning more cash.. The ...
McDonald's U.S. President Joe Erlinger said Monday that $5 meal deal sales are running ahead of expectations and are getting lower-income consumers back into McDonald's stores.
McDonald's loyalty program was key to its performance. In Q4, loyalty members brought in $6 billion in sales across 50 markets and more than $20 billion across fiscal 2023, a 45% jump from 2022.
McDonald’s has experienced troubled waters before. Prior to Kempczinski helming the company in 2015, McDonald’s was struggling to compete with concepts like Shake Shack and Chipotle .
McDonald’s CEO Chris Kempczinski is promising to bring back “affordability” to the fast food chain as sales growth slows.
McDonald's US same store sales were up 2.5%, slightly off from the 2.55% expected. Higher menu prices boosted the average check size, while marketing campaigns and growth in digital and delivery ...
Same-store sales in McDonald's international markets also rose 12.6% during the quarter. A car goes through the drive-thru at a McDonald's restaurant on April 03, 2023 in San Pablo, California.
Weaker consumer spending in China and impacts of the Middle East conflict have dented McDonald's business segment where restaurants are operated by local partners, with sales dipping 3.5% compared ...