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McDonald's High Prices Have Become a Problem

McDonald's has raised prices over the last few years, and customers are responding by eating elsewhere.

By Travis Hoium – Jul 31, 2024 at 10:01AM EST

During the pandemic, McDonald's (MCD 1.25%) grew with the help of higher prices, which customers were willing to pay. But as inflation has eaten into pocketbooks, the company's prices have become a problem, which Travis Hoium highlights in this video.

*Stock prices used were end-of-day prices of July 28, 2024. The video was published on July 29, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
TMFFlushDraw
X@travishoium

Travis Hoium has positions in Portillo's. The Motley Fool has positions in and recommends Chipotle Mexican Grill. The Motley Fool recommends the following options: short September 2024 $52 puts on Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

McDonald's Stock Quote
McDonald's
NYSE: MCD
$305.68
(-1.25%)-$3.87
Chipotle Mexican Grill Stock Quote
Chipotle Mexican Grill
NYSE: CMG
$34.10
(-0.41%)-$0.14
Portillo's Stock Quote
Portillo's
NASDAQ: PTLO
$5.79
(-1.11%)-$0.07

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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