McDonald's Introduces $5 Meal Promotion to Tempt Cost-Conscious Customer

Benzinga

McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last around a month. The promotion aims to win back customers who have cut back on fast food visits due to recent price hikes across many chain's menus. McDonald's sales growth has slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices affordable is a priority to get customers back as they carefully watch every dollar spent.

Transcript

00:00It's Benzinga, and here's what's on the block.

00:02McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last

00:07around a month. The promotion is aimed at winning back customers who have cut back on fast food

00:12visits due to recent price hikes across many chain's menus. McDonald's sales growth has

00:17slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices

00:22affordable is a priority to get customers back as they carefully watch every dollar spent.

00:26For all things money, visit Benzinga.com.

Category

Transcript

Comments

Recommended