MCD Sep 2024 205.000 put
- Bloomberg
McDonald’s Will Offer a $5 Meal Deal to Lure Customers Back Into Stores
(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 BloombergBiden Set to Hit China EVs, Strategic Sectors With TariffsElon Musk Pledges to Grow Supercharger Business He Just DecimatedAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovavax Soars on $1.2 Billion Sanofi Vaccine Licensing DealThe deal could includ
- Reuters
McDonald's to launch $5 meal deal to lure low-income diners, Bloomberg News reports
Global fast food chains like McDonald's and Starbucks have seen lower-income customers opting to eat more meals at home amid a cost-of-living crisis, forcing the companies to offer steeper promotions to attract them to their outlets. McDonald's did not immediately respond to a Reuters request for comment.
- Zacks
Papa John's (PZZA) Q1 Earnings Beat Estimates, Stock Down
Papa John's (PZZA) fiscal first-quarter top line reflects lower contributions in the North American commissary segment owing to lower transaction volumes and commodity price declines.
