Overview
- McDonald’s and its U.S. franchisees agreed to price eight popular combo meals about 15% below the cost of the items purchased separately, with the lower prices taking effect in September.
- The company will provide financial support to franchisees that implement the reduced combo pricing, according to reporting first published by The Wall Street Journal.
- Additional value promotions are planned in the coming months, including a $5 breakfast deal and an $8 Big Mac and McNugget special, alongside the return of the Extra Value Meals branding.
- CEO Chris Kempczinski recently said menu-board pricing is the biggest driver of customers’ value perceptions and acknowledged that recent prices have pushed many combinations above $10.
- The effort builds on last year’s limited $5 meal that briefly stabilized sales and responds to customer backlash that intensified after a widely shared $18 Big Mac combo in 2023.