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McDonald's is facing slowing sales. Its under $3 value menu shows why
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Its latest value menu is one of the big reasons why, CEO Chris Kempczinski said.
McDonald's tried a new value menu.
The fast-food giant's comparable US sales growth slowed to 0.8% during its second quarter, a slower clip than the 2.5% it reported for the year-ago quarter.
In April, McDonald's introduced another value menu featuring 10 items that cost less than $3 each, including the Sausage McMuffin and the McDouble.
"There's not nearly as much wiggle room that you have when it's a $5 meal deal," Kempczinski said.