McDonald, Snack Wrap
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McDonald's brought back the fan-favorite Snack Wrap on Thursday, June 10, at restaurants nationwide. First introduced in 2006, the Snack Wrap is available in two flavors: Ranch, featuring hints of garlic and onion, and Spicy, which has a habanero kick.
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Catalyzing the rally was Goldman Sachs analysts commemorating the Snack Wrap’s comeback by upgrading their rating on McDonald’s stock from neutral to a buy.
As McDonald's and Popeyes both promote new chicken wraps, analysts told BI that Gen Z's snack habits and the rise of GLP-1s may be driving the trend.
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