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McDonald’s is betting big on beverages after shuttering its alien-themed CosMc’s concept last year, according to Benzinga. The fast-food chain will begin testing a new line of iced drinks in 500 U.S. restaurants this September, with a focus on Wisconsin and Colorado. The offerings include Creamy Vanilla Cold Brews, Popping Tropic Refreshers, and “dirty sodas,” soft drinks blended with flavored syrups and dried fruit. The move comes as fast-food chains like Taco Bell and Wendy’s seek higher-margin drink sales to counter slowing traffic. McDonald’s says Gen Z demand for fun and flavorful drinks is driving the trend, with beverages growing faster than burgers in 2024. Fast-food chains are increasingly competing with major coffee brands as they expand into the growing beverage market. McDonald’s sees drinks as highly profitable and popular with younger consumers, estimating the market could reach \$100 billion across key regions.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02McDonald's is betting big on beverages after shuddering its alien-themed Cosmix concept last year, according to Benzinga.
00:08The fast food chain will begin testing a new line of iced drinks in 500 U.S. restaurants in September, focusing on Wisconsin and Colorado.
00:15Offerings include creamy vanilla cold brews, popping tropic refreshers, and dirty sodas.
00:20Soft drinks blend it with flavored syrups and dried fruit.
00:23Move comes as fast food chains like Taco Bell and Wendy's seek higher-margin drink sales to counter-swelling traffic.
00:29McDonald's says Gen Z demand for fun and flavorful drinks is driving the trend.
00:33Beverage is growing faster than burgers in 2024.
00:36Fast food chains are increasingly competing with major coffee brands as they expand to the growing beverage market.
00:41McDonald's sees drinks as highly profitable and popular with younger consumers,
00:45estimating the market could reach $100 billion across key regions.
00:49For all things money, visit Benzinga.com.

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