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McDonald’s Corp. topped Wall Street’s sales expectations in its third-quarter results Wednesday, as the fast-food giant’s recent push to attract a more price-conscious customer may have helped it break out from a sales rut.
Speaking during a conference call to discuss the results, McDonald’s Chief Executive Chris Kempczinski said he is pleased with how
the Extra Value Meals program is performing since its September relaunch. He also pointed to McDonald’s MCD recent launch of a $5 sausage, egg, and cheese McGriddles meal and an $8 10-piece chicken McNuggets meal.