McDonald’s (MCD) will extend its $5 value meal promotion longer than anticipated because of solid demand, according 🧜to reports.

Bloomberg reported the deal — for a sandwich, drink, french fries and chicken nuggets — was supposed to run for four weeks from its June 25 launch, but some locations will keep it into August. It cited an internal memo saying that 93% of McDonald’s restaurants have agreed ꦐto an extension.

Shares of McDonald's were recently up about 0.5%, trailing the S&P 500's advance. The news comes as several fast-food companies have offered deals meant to give customers 澳洲幸运5开奖号码历史查询:relief from inflation. McDonald’s and other chains have struggled as high 澳洲幸运5开奖号码历史查询:inflation has reduced discretionary sﷺpending and cut into salesꦰ.

The news organization said the memo, by Chief Marketing Officer Tariq Hassan and National Field President Myra Doria, said that the early performance of the promotion “is meeting the objective of driving guests back to our restaurants.”

When McDonald's customers are buying their $5 means, the memo said, “they aren’t visiting the competition," according to a CNBC report. McDonald's did not immediately respond to Investopedia's request for comment.

McDonald's shares have fallen a bit more than 12% this year.