McDonald’s CEO Admits Their Prices Have Grown Too High

McDonald’s CEO Admits Their Prices Have Grown Too High

• 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 each location.
• A number of 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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