News Digest / Ticker: YUM

Ticker: YUM

05:12am, Wednesday, Jun 26, 2024
McDonald's (NYSE: MCD) has launched a $5 value meal to attract customers amidst challenging Q1 results, including a 2.5% rise in US same-store sales, slightly missing forecasts. This move aims to counteract perceptions of pricey offerings while competing with KFC and Burger King.