interesting to see what they do and if others follow
the best deal (at least for lunch) in our area is Olive Garden - all you can eat salad, soup and breadsticks for $8.99. About the same price as a McDonalds combo meal (if you don't get a drink at OG)
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McDonald's CEO Chris Kempczinski addressed the uproar over soaring prices and has promised "affordability" in 2024.
According to Entrepreneur, Kempczinski spoke on an earnings call Monday and said the fast-food giant might tweak its menu with a new focus on affordability. Per the outlet, Kempczinski said higher menu prices led to McDonald's seeing a negative turn in sales during the last quarter.
"I think what you're going to see as you head into 2024 is probably more attention to what I would describe as affordability," Kempczinski said during the call, per the outlet.
According to Entrepreneur, McDonald's experienced its first quarterly sales miss internationally in almost four years during the fourth quarter of 2023, allegedly due to the conflict in the Middle East. Per the outlet, McDonald's believes Israel's war on Hamas will continue to affect revenue into the first quarter of 2024 and potentially the second quarter.
"Eating at home has become more affordable," Kempczinski said, per the outlet. "The battleground is certainly with that low-income consumer."
Last edited by KFWA; 02/07/24.
