President of McDonald's USA Joe Erlinger Says McConald's Plant-based Burger Tests Failed In SF, Dallas; Diners Not Demanding Plant-Based Options
Portfolio Pulse from Benzinga Newsdesk
McDonald's USA President Joe Erlinger announced that the tests for McDonald's plant-based burger in San Francisco and Dallas have failed, indicating a lack of demand for plant-based options among diners.

June 26, 2024 | 2:42 pm
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McDonald's USA President Joe Erlinger announced that the tests for McDonald's plant-based burger in San Francisco and Dallas have failed, indicating a lack of demand for plant-based options among diners.
The failure of plant-based burger tests in key markets like San Francisco and Dallas suggests that McDonald's may not see significant revenue growth from plant-based options in the near term. This could negatively impact investor sentiment as the company may need to reassess its product strategy.
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