McDonald's bets on chicken Big Mac to boost sagging sales
Fast food companies are battling a decline in sales. One of them, McDonald's, has decided to change its menu to improve the situation. Soon, a new chicken burger will appear in American restaurants.
6:17 PM EDT, October 7, 2024
CNN reports that to boost results, some companies are introducing special offers, while others are completely revamping their menus. Meanwhile, the fast food giant McDonald's is focusing on "the driving force of growth, which chicken will provide."
New chicken burger at McDonald's
McDonald's believes that expanding its menu to include more chicken dishes will positively impact the company because poultry is expected to be cheaper than beef. Additionally, McDonald's CEO, Chris Kempczinski, pointed out that sales of chicken dishes are at the same level as beef dishes.
Thus, the company decided to introduce a new burger to American restaurants. On October 10, 2024, the Chicken Big Mac will debut. It is the equivalent of the iconic Big Mac sandwich but with chicken, which will be available for a limited time.
This is not the first time McDonald's has focused on chicken. CNN recalls that the Chicken Big Mac was already sold in the United Kingdom, Ireland, and Miami to see if it met customer expectations. It turned out that the British loved this variant of the iconic burger—it sold out in just 10 days.
McDonald's issues: first decline in three years
The challenging situation for McDonald's is confirmed by the data—the chain recorded a sales decline in the second quarter of 2024. This was the first such instance in 13 quarters, or three years.
According to the company's financial reports published in July 2024, globally sales dropped by 1 percent, while expectations predicted a 0.5 percent increase. This is due to a decline in sales in the United States by 0.7 percent, in foreign markets by 1.1 percent, and in markets operated by licensees by 1.3 percent.
