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McDonald’s Snack Wrap Sells Out Nationwide as Rivals Expand Chicken Wrap Offerings

Investor enthusiasm mirrors a supply chain rush following nationwide sell-outs of the permanent $2.99 ranch and spicy wraps

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McDonald's Snack Wraps will be back on menus at participating restaurants nationwide beginning Thursday, July 10.
Popeyes is giving away a free chicken wrap when you spend $5 or more, through Sunday, July 13.

Overview

  • McDonald’s stores restocked the Snack Wrap on July 11 after launch-day sell-outs overwhelmed delivery systems, especially in New York City
  • The permanently returned menu item features a McCrispy Strip wrapped with shredded lettuce, cheese and choice of ranch or spicy pepper sauce for $2.99
  • Shares of McDonald’s jumped 2% on launch day and Goldman Sachs upgraded its rating to buy, citing product innovation and potential sales gains
  • Competitors including Popeyes, Taco Bell and Sonic quickly countered by promoting or introducing their own chicken wrap offerings
  • Consumer feedback on social media remains mixed, with fans praising nostalgia but some criticizing chicken quality and sauce distribution