McDonald's pushes back on hefty price hikes, including $18 Big Mac meal
McDonald's(MCD) Fox Business·2024-05-31 00:20
McDonald's U.S. President Joe Erlinger is trying to dismantle rumors that the company significantly pumped up prices beyond inflationary rates. "Recently, we have seen viral social posts and poorly sourced reports that McDonald’s has raised prices significantly beyond inflationary rates. This is inaccurate," Erlinger wrote in a note to customers Wednesday. Although high-priced burgers exist, he said that this is an exception, not the norm. MCDONALD'S CEO: CALIFORNIA MINIMUM WAGE HIKE DRIVING LABOR INFLATI ...