McDonald’s (NYSE: MCD ) is doubling down on its value meal promotion. The $5 meal deal was an apparent success to draw in cost-conscious consumers as inflation, while slowing, remains uncomfortably high for households. The team at Goldman Sachs recently put outFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. ...

The fast-food chain is extending a compelling but unfruitful promotional campaign.Investors may recall McDonald's (MCD -0.59%) second-quarter results weren't exactly thrilling. The fast-food chain missed revenue estimates, in addition to falling short of its earnings estimates. Indeed, same-store sales fell here and abroad, with the domestic slump being the first one since COVID-19-crimped 2020. As CEO Chris Kempczinski explained during the quarter's earnings conference call, "Beginning last year we warned ...

McDonald’s will be extending its fan-favorite $5 Meal Deal at most of its US locations through the end of the year as cash-strapped customers continue to grapple with inflation.Franchisees were given the option to vote on whether to extend the value meal and about 80% of US markets voted to keep it through the end of December, according to CNBC. Not all of the votes have been completed, so more locations may opt to extend the deal during the next few weeks, the outlet said. 3 McDonald’s will be extending ...

Key TakeawaysMcDonald's is extending its $5 value meal offering into December.The deal includes a McDouble or McChicken sandwich, a drink, french fries and a 10-piece McNuggets. The company said it has seen sales growth among lower-income consumers. McDonald's (MCD) said its “Summer of Value” is extending into fall. The golden arches are keeping in place the popular $5 value meal promotion—it comes with a McDouble or McChicken sandwich, drink, french fries and a 10-piece McNuggets—into December. The offerin ...

Despite headwinds, as of mid-2024, McDonald's Corp. (MCD, Financial) still remains a potent force in the fast-food landscape. Nonetheless, the sentiment surrounding the stock has soured over the past six months on the back of economic and geopolitical challenges. As a result, same-store sales growth has slowed down considerably, impacting the company and its restaurant industry peers.Making the most of this opportunity, though, McDonald's is looking to reinforce its value proposition and deepen customer eng ...

McDonald's will extend its $5 value meal into December in most U.S. markets as it looks to win back lower-income consumers.Franchisees have been voting on extending the value meal, and roughly 80% of local markets have opted to extend the deal into December. Votes on extensions are ongoing, so additional locations may be added in the weeks to come.The value meal offers a McDouble or McChicken sandwich, small fries, four-piece chicken nuggets and a small soft drink for $5.Owners will also be offering local p ...

Key TakeawaysMcDonald's is introducing a new format at a few U.S. stores where digital ordering stations will take cash and give change, bypassing the register completely.There isn't yet a plan for a full roll-out of the new system, the company said. Cashiers at those stores will be redeployed to other jobs like curbside pickup and catering to table service. McDonald's (MCD) is introducing a new offering in some U.S. stores, with digital ordering stations now taking cash and giving change, bypassing the reg ...

McDonald’s is reportedly launching a series of digital ordering stations that provide cashierless checkout options.These stations — rolling out at a handful of the fast-food giant’s restaurants — will be able to take cash and provide change, letting customers skip the register, Bloomberg reported Wednesday (Sept. 11), citing unnamed sources.McDonald’s already uses kiosks at most of its locations, although diners who aren’t paying with cards still need to wait in line to get checked out by a cashier. Under t ...

SINGAPORE, Sept. 10, 2024 (GLOBE NEWSWIRE) --  Genshin Impact and McDonald’s are proud to announce a new collaboration that will deliver two limited-edition products for players and customers in the United States. Available only through the McDonald’s app from Sept. 17-29, this collaboration will give fans the chance to earn unique in-game rewards with the purchase of limited-time items. In-game rewards include Primogems, Golden Apple Pastry, a special Wind Glider, an exclusive name card, and much more. Wat ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about McDonald's (MCD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.McDonald's currently has an aver ...