McDonald’s (MCD) shares were trading around $268 a share in Friday midafternoon trading, up some 1.4% intraday, but the daily chart still shows a stock under pressure after sliding toward two-year lows.
BRITS might not know about this short-lived McDonald’s venture that launched in 2023 as it lasted just two years.
Called CosMc’s, the spin-off was a retro space brand by McDonald’s that focussed on ‘otherworldly beverage creations’.
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The first CosMc’s drive-thru is opened in 2023 in IllinoisCredit: AFPThe brand focused on speciality drinks like iced coffees and slushiesCredit: Mcdonalds/CosMc’s
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In 2023, the very first CosMc’s venue opened selling a few food items and lots of speciality drinks that weren’t available in its original McDonald’s restaurants.
It was space-themed and based on an early alien character who visited McDonaldland in a series of adverts in the late 1980s and early 90s.
The first venue to open was a drive-thru in Bolingbrook, Illinois.