McDonald’s US Growth Beats as Value Draws Strapped Diners
Market Intelligence Analysis
AI-PoweredMcDonald's US sales growth exceeded expectations in the last quarter due to increased spending per visit, driven by value-conscious diners opting for cheaper fast food over premium meals.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
McDonald’s reported faster-than-expected US sales growth last quarter as diners prioritized cheap fast food and pulled back from more premium meals at fast-casual chains. The company attributes the rise mostly to higher per-visit spending. McDonald’s is also targeting deeper discounts and expects to maintain it's value program in the coming quarters. Allspring Global Investments Senior Portfolio Analyst joined Emily Graffeo and Katie Greifeld on 'Bloomberg Businessweek Daily' to break it down. (Source: Bloomberg)
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