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Market
McDonald's annual revenue growth rate for 2024?
5
Resolution / Starting Odds
Less than 5% • 33%
5% - 10% • 33%
More than 10% • 33%
McDonald's annual financial report
Story
McDonald's Clarifies 21% Big Mac Price Increase Amid Rumors
May 29, 2024, 05:35 PM
McDonald's has addressed recent rumors about significant price hikes for its Big Mac. In an open letter, the company clarified that the average cost of a Big Mac in the U.S. is currently $5.29, compared to $4.39 in 2019. This represents a 21% increase, not the 100% some reports have suggested. McDonald's emphasized that despite the global pandemic and rising supply chain costs, they remain focused on value and affordability. The company made a rare public comment to counter what it says is inaccurate information about the price of a Big Mac.
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