McDonald’s to launch $5 meal deal to lure back customers, Bloomberg News reports

By Thomson Reuters May 10, 2024 | 11:19 AM

(Reuters) -McDonald’s is preparing to launch a $5 meal deal at its U.S. restaurants to lure more inflation-hit customers back to its chains, Bloomberg News reported on Friday, citing a person familiar with the matter.

The deal could include a McChicken or a McDouble, along with fries and a drink, the report said.

Shares of the company were up 2.5% in afternoon trading after the news.

McDonald’s did not immediately respond to a Reuters request for comment.

(Reporting by Granth Vanaik in Bengaluru; Editing by Anil D’Silva and Pooja Desai)