(Reuters) - McDonald’s Corp (MCD.N) could start offering all-day breakfast in its U.S. restaurants as early as October, the Wall Street Journal reported, citing an internal company memo.
The company started testing the idea in March and the tests were encouraging, the Journal reported on Tuesday, citing the memo sent by McDonald’s to employees and U.S. franchisees.
McDonald’s was not immediately available for comment.
The world’s largest restaurant chain by revenue has been losing customers to newer rivals including burrito chain Chipotle Mexican Grill (CMG.N) as consumers switch to foods perceived as healthier.
McDonald’s has also been testing other ideas, including custom burgers and healthier options such as breakfast bowls made with kale and spinach, to attract customers.
The company’s shares closed at $97.32 on the New York Stock Exchange on Tuesday.
Reporting by Nayan Das in Bengaluru; Editing by Kirti Pandey