McDonald’s CEO Admits Their Prices Have Grown Too High
February 8, 2024 8:22AM EST
Source: YouTube
Fast food fans are not happy about rising prices, and it’s something McDonald’s CEO Chris Kempczinski recognizes.
Kempczinski said, “Eating at home has become more affordable. The battleground is certainly with that low-income consumer.”
The CEO said pricing is set by franchisees and can vary by location.
Several videos and stories have gone viral related to the price increase at fast food restaurants, particularly McDonald’s.
A McDonald’s location in Connecticut has received negative press for charging $18 for a Big Mac combo meal and $7 for an Egg McMuffin.
Do you find yourself cooking at home more due to the price of fast food and other restaurants?
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