Wendy's and McDonald's Report Breakfast Business Slows Amid Consumer Cutbacks
Summary
Fast food chains are reportedly seeing a decline in their breakfast business as Americans cut back on spending. Executiv...
Fast food chains are reportedly seeing a decline in their breakfast business as Americans cut back on spending. Executives from Wendy's and McDonald's said this week during earnings calls that their breakfast business is doing worse than other times of day, despite discounts offered by the companies, Bloomberg reported Friday (Aug. 8).