Reported about 16 hours ago
In the restaurant sector, discounting is seen as both a challenge and an opportunity, particularly for quick-service chains like McDonald's. Analyst Peter Saleh emphasizes the importance of attracting lower-income consumers through discounts, while expressing skepticism about whether these customers will transition to regular-priced items in the future. Despite McDonald's struggles in US same-store sales, Starbucks remains a favored option in the market.
Source: YAHOO