McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last around a month. The promotion aims to win back customers who have cut back on fast food visits due to recent price hikes across many chain's menus. McDonald's sales growth has slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices affordable is a priority to get customers back as they carefully watch every dollar spent.
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00:00It's Benzinga, and here's what's on the block.
00:02McDonald's plans to launch a limited-time $5 meal promotion starting on June 25th that will last
00:07around a month. The promotion is aimed at winning back customers who have cut back on fast food
00:12visits due to recent price hikes across many chain's menus. McDonald's sales growth has
00:17slowed as inflation has increased costs of food and labor. McDonald's CEO said keeping prices
00:22affordable is a priority to get customers back as they carefully watch every dollar spent.
00:26For all things money, visit Benzinga.com.