McDonald's is gearing up to report its Q3 earnings, with analysts anticipating $3.33 EPS and $7.1 billion in revenue. Despite concerns over consumer spending, the fast-food giant may showcase growth in same-store sales for the second consecutive quarter, thanks to its value-centric strategy and menu revivals.
In a bid to attract price-sensitive diners, McDonald's is reintroducing Extra Value Meals, allowing customers to save 15% on combo meals. With a focus on affordability, the fast-food giant aims to engage low-income consumers as competition rises.