McDonald's CEO Chris Kempczinski discussed company operations, noting that Big Mac is a promotional entrée and pricing varies across locations including California, Alaska, and Guam.
8 reports, 6 independent
Updated Sep 14
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What happened
McDonald's CEO Chris Kempczinski discussed company operations, noting that Big Mac is a promotional entrée and pricing varies across locations including California, Alaska, and Guam.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.McDonald's sets a specific price point for Big Mac to boost sales.1 source
Fast-food chains saw a dip in visits.1 source
- McDonald's CEO introduced a 'greater than NEXT' growth strategy and analyst firms revised price targets based on Q2 performance.Sub-event
Details on McDonald's operations, including pricing variations in CA, AK, and Guam.1 source
McDonald's lowered combo costs to attract customers.1 source
Keep exploring
The entities involved
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McDonald's
American fast food restaurant chain
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Big Mac
hamburger sold by McDonald's
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Chris Kempczinski
American business executive, CEO of McDonald's
Related events
- McDonald's investor day is held in Chicago, featuring CEO Chris Kempczinski.
- McDonald's CEO Chris Kempczinski, Jim Cramer, and Charlie Morrison commented on the company's status and market position.
- McDonald's is running a global campaign featuring country-specific limited-time menu items, including offerings from the UAE, China, Ireland, Netherlands, and others.
- Donald enjoyed McDonald's fare, noting that both McDonald's and Starbucks are fast-food/beverage providers.
- McDonald's operations are located in India.
Coverage
Newest first; wire copies grouped- yahoo.com
- democracynow.org
- Associated Press FinanceComing price cuts at McDonald's may signal a broader fast food price war McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing
- CNN BusinessMcDonald’s is cutting prices of its combo meals to convince customers it’s affordable again McDonald’s is slashing the prices of its combo meals just a few weeks after the CEO publicly admitted that
- QuartzCheaper McDonald’s combos aim to bring diners back McDonald’s is reportedly lowering the cost of its combo meals in a move aimed at winning back cost-conscious diners, many of whom have faced soaring
- CIO DiveFast food brands fire up AI despite challenging backdrop This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Fast foo