McDonald's is Extending its $5 Meal Deal in Most of the U.S. — Get the Details Here

Last month's announcement of nan McDonald's $5 Meal Deal deal, which was initially scheduled to past for 4 weeks, came arsenic stubborn ostentation squeezed lower-income consumers, who demanded fast-food brands — particularly McDonald's — connection much value.

"We heard our fans large and clear — they're looking for moreover much awesome worth from us, and this summertime that's precisely what they'll get," Joe Erlinger, president of McDonald's USA, said successful a statement successful June. "Value has ever been portion of our DNA."

Now, nan institution will proceed to entreaty to value-conscious customers and extend nan $5 deal, which includes a McDouble aliases McChicken, mini fries, four-piece Chicken McNuggets and a mini drink, beyond its first four-week model successful astir of its U.S. markets, CNBC reported.

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According to a memo obtained by CNBC, McDonald's executives wrote that 93% of its restaurants voted to widen nan promotion past its original extremity day later this month. The memo said nan mostly of locations will widen done August, according to nan CNBC report.

The $5 Meal Deal followed a May 29 open letter from Erlinger addressing rumors and misconceptions astir McDonald's paper value increases.

"I tin show you that it frustrates and worries me, and galore of our franchisees, erstwhile I perceive astir an $18 Big Mac repast being sold — moreover if it was astatine 1 location successful nan U.S. retired of much than 13,700," Erlinger wrote. "More worrying, though, is erstwhile group judge that this is nan norm and not nan exception, aliases erstwhile folks commencement to propose that nan prices of a Big Mac person risen 100% since 2019."

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Meanwhile, respective competing fast-food chains, including Burger King, KFC, Sonic, Taco Bell and Wendy's, person precocious announced caller worth deals.

Burger King's $5 Your Way Meal includes a Whopper Jr., Chicken Jr. aliases Bacon Cheeseburger pinch four-piece chickenhearted nuggets, fries and a drink.

The KFC $4.99 Meal For One includes 2 pieces of acheronian nutrient chicken, mashed potatoes pinch gravy and a biscuit. Additionally, KFC offers $10 Tuesdays, wherever customers tin get an eight-piece bucket of acheronian nutrient chickenhearted for $10 each Tuesday this summer.

Sonic's new $1.99 menu features a assortment of items, including 2 caller Bacon Ranch and Southwest Crunch Queso Wraps.

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Taco Bell's caller build-your-own $5 Cravings Box includes a mean fountain drink, a crunchy taco, a Burrito Supreme, Cinnamon Twists and a Beefy 5-Layer Burrito.

And Wendy's customers tin get a free mini Frosty this summertime by purchasing a $5 Biggie Bag done nan Wendy's app. The Biggie Bag, disposable since 2019, includes a Jr. Bacon Cheeseburger aliases Crispy Chicken Sandwich, four-piece chickenhearted nuggets, Jr. fries and a mini soft drink.

Read More: CNBC