McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales
McDonald's reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales.
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McDonald's reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales.
Outrage is an effective motivator.
“I had one lady who had used L’Oreal products for over a decade, but she said she would never use it again and was moving on to other local brands,” Phany said.
The increase this year, driven by geopolitical tensions and supply shocks, could hamper efforts to rein in inflation.
“We hope that the decision made today will allow all parties to move forward and focus on finding a resolution that upholds justice,” McDonald’s Malaysia managing director Azmir Jaafar said in a statement.
Lawyers for McDonald’s in Malaysia sought a settlement on Monday from the boycott Israel movement, a lawyer said, after the fast-food chain brought a US$1.27 million lawsuit against the consumer campaign group for alleging links between it and Israel’s armed forces.
LONDON (AP) — System failures at McDonald’s were reported worldwide Friday, shuttering some restaurants for hours and leading to social media complaints from customers, in what the fast food chain called a “technology outage” that was being fixed.
McDonald’s customers in Australia, Japan and Hong Kong reported having trouble ordering at the fast-food restaurants on Friday, leading some restaurants to suspend online ordering and others to close entirely.