McDonald’s Meal Deal photographed in Washington, D.C., on Aug. 26, 2024.<\/p>\n
Scott Suchman | The Washington Post | Getty Images<\/p>\n
McDonald’s<\/a> on Tuesday announced that it is expanding its value offerings in a bid to reach price-conscious diners.<\/p>\n Starting Monday, the fast-food giant is bringing back its Extra Value Meals, which were last promoted before the Covid-19 pandemic. Customers will save 15% on the combo meals compared with buying the entree, fries and a drink separately, the company said.<\/p>\n Tune in now: McDonald’s CEO Chris Kempczinski joins CNBC’s “Squawk Box” to discuss the fast-food giant’s expanded value menu. Watch in real time on CNBC+ or the CNBC Pro stream.<\/p>\n For more than a year, McDonald’s and its rivals have been relying on discounts and deals<\/a> to lure customers back to their restaurants. Traffic to fast-food chains has been shrinking, fueled by a pullback in spending<\/a> by low-income consumers. Last summer, McDonald’s rolled out its $5 value meal<\/a> and extended the promotion past its initial run. It later added a buy one, get one<\/a> for $1 deal to its menu as well.<\/p>\n The eight combo meals stretch across the McDonald’s menu and include a Sausage McMuffin with Egg; Sausage Egg and Cheese McGriddle; Egg McMuffin; Bacon, Egg and Cheese Biscuit; Big Mac; 10-piece Chicken McNuggets; any Quarter Pounder burger; and any McCrispy Sandwich.<\/p>\n To promote the expansion of its value menu, McDonald’s will sell a Sausage McMuffin with Egg with a hash brown and a small coffee for $5, and a Big Mac with medium fries and a medium soft drink for $8 for a limited time.<\/p>\n “McDonald’s USA is laser-focused on delivering value and affordability for our customers, and I’m incredibly proud of how our franchisees and teams continue to step up to make it a reality,” McDonald’s U.S. President Joe Erlinger said in a statement Tuesday.<\/p>\n