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US brands like McDonald's and Starbucks are facing mounting backlash in the Middle East as tensions riseFor the second quarter in a row, America's biggest fast-food brands continued to see their sales hit by consumer boycotts in the Middle East. McDonald's said last week that it took a sales hit ...
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McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit salesMcDonald's missed quarterly earnings estimates as same-store sales fell short of expectations. Boycotts over the conflict in Gaza weighed on the chain's Middle East sales again. Higher prices have ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Customers in the Middle East were angered after McDonald’s Israel provided free meals and in response, some franchisees, such as McDonald’s Oman, announced donations to relief efforts in Gaza.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Global comparable sales increased marginally by 0.4%, driven by a 4.1% rise in international licensed markets despite declines in the U.S. and the U.K. McDonald's operates as a leading global food ...
Adjusted earnings of $2.70 per share were below expectations for $2.72, according to analysts polled by FactSet.
McDonald's chief impact officer for North America, wrote in a post on LinkedIn, opens new tab. The burger giant has been aiming to attract lower-to-middle income consumers who have been shying ...
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