QSR value wars heat up combo meal sales: Report

wendys 4 for 4

The price wars being waged by major quick-service chains have increased the number of combo meals being sold at such outlets, or so says a recent report from The NPD Group.

Combo meal visits at QSR burger restaurants rose 1 percent year over year during the year ended in February, a growth driven entirely by recent value meal promotions, according to the market researcher.

Prior to the upswing, combo meals had been losing popularity for many years as customers sought customizable items and demanded a wider variety of choices, NPD says.

“This once again suggests that given the right promotional offer at the right time, dealing can generate positive traffic growth,” Bonnie Riggs, an NPD restaurant analyst who authored the report, said in a statement. “The response also points to the importance consumers place on the ability to customize and have choices.”

Since debuting new value meals in recent months, chains like Wendy's and McDonald's have further tweaked their respective formulas to give customers more room for customization

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Trending

More from our partners