Fast-food giants McDonald's, Burger King, and Denny's are engaging in a competitive battle over value meals, introducing promotions such as $5 meal bundles to attract diners. These efforts come as the industry seeks to win back inflation-fatigued customers who have been deterred by rising prices due to inflation. McDonald's $5 meal deal is anticipated to boost sales and potentially increase its stock price, although Guggenheim has recently cut McDonald's price target to $280 from $315, citing near-term sales challenges. Despite this, analysts expect a sales inflection later in 2024 if McDonald's can establish a credible value platform. Fast-food chain rivals are also rolling out new menu items to compete.
🍔 Lovin It. https://t.co/zPebNBA2Ls
When they said the new "value meal", I didn't think they meant their stock $MCD https://t.co/20Fj9KRO4q
McDonald’s leans into anime for another sauce-led campaign. McDonald’s collaboration with anime series Jujutsu Kaisen includes a Special Grade Garlic Sauce with eight unique lid designs. https://t.co/14EC29D4WZ https://t.co/tx3TDirvBz
McDonald’s is launching a new garlic sauce inspired by Jujutsu Kaisen. https://t.co/DC67kusonR https://t.co/rfx5B9gLDB
🇺🇸 McDonald’s, Burger King and other chains turn to meal bundle promotions to win back diners; some customers want lower menu prices instead https://t.co/uWwTbvf9cV
McDonald’s is doing a collab with Jujutsu Kaisen https://t.co/oFlEa4X83V
WSJ: The Fast-Food Fight Over the $5 Meal Deal "The restaurant industry’s race to coax back inflation-fatigued customers comes after roughly three years of rapidly increasing menu prices. The higher prices have hurt business at fast-food drive-throughs and sit-down eateries..."
Following months of complaints about rising prices related to inflation, several fast-food chains have announced new value deals. Here's how to take advantage of the savings. https://t.co/n1zj7LDRef
Everything about Jujutsu Kaisen x McDonald's🧵 Starting 7.9, the Special Grade Garlic Sauce will be available in 8 different designs exclusively in the app, for a very limited time. https://t.co/uSNq2gTalF
$MCD | Guggenheim Cuts McDonald's PT to $280 from $315, Removes as "Best Idea" Analyst Comments: "Near-term sales are likely to miss consensus estimates, but we expect a sales inflection later in 2024 if the company can establish a credible platform for value. MCD missed profit…
Fast-food chain rivals McDonald’s meal deal with new menu rollout https://t.co/Mti5dImMyJ
🇺🇸 Fast-food giants go to battle over value meals https://t.co/jSBGgeXUZs
McDonald's $5 meal may lead to higher sales and stock price, a history of value offerings shows https://t.co/H9P1Jopjga
🇺🇸 Value meals and menus are taking over: Here's where to get cheap fast food this summer https://t.co/ig8tCqDxlW
McDonald’s, Burger King and Denny’s are using promotions such as $5 meal bundles to win back diners https://t.co/QJi8YqiEug