# ESG
Politicians in the U.S. Say EU Rules on Sustainability Are Bad
U.S. senators are telling businesses to be careful about new EU rules on sustainability compliance.
T
his quarter, McDonald's sales were better than expected. This was because more people wanted its value meals because they were looking for cheap places to eat.Even though food prices were going up and families were having a harder time making ends meet, the fast-food giant did better than Wall Street thought it would.This shows that having prices that are competitive is still very important for getting people to buy things when the economy is uncertain.
People who are careful with their money like cheap value meals
The company's plan to promote cheap value meals worked, and more people looked for cheap places to eat instead of more expensive ones.McDonald's offered cheap menu bundles that families, students, and workers who wanted to save money liked because many people still didn't want to spend a lot of money on food.
Experts say that this method brought in more customers, even when other chains were having trouble selling.
Wall Street didn't think McDonald's would do as well as it did
Experts on Wall Street thought McDonald's would do worse because people were spending less money in general, but they were wrong. The brand's great quarter shows that cheap fast food can still do well even when the economy is bad.
Investors were happy with the news because they think McDonald's ability to adapt to changing times gives it an advantage over other companies.
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Because of the economy, people are looking for cheaper options
People are still acting differently because of high inflation and unstable finances.This is why many families are cutting back on things they don't need.Because of this, more people want cheap meals, and McDonald's is one of the few big chains that can take advantage of this.
McDonald's has been able to stay strong because it focuses on low prices, even though other businesses have trouble keeping customers.
As McDonald's moves forward with its plan
Analysts say that McDonald's will keep making products that are good value as long as the economy stays weak.In the next few months, people will be watching closely to see how well the company can balance low prices with high profits.
If people keep spending less, value meals may still be a big part of McDonald's sales and put the company ahead of what the market thinks it will do.
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