Gaza boycott continues to weigh on McDonald’s sales
McDonald’s has reported a modest increase in quarterly profits despite a boycott stemming from the Middle East conflict expected to drag on sales for the foreseeable future, Reuters reports.
While the boycott is not “getting worse”, Chief Executive Chris Kempczinski does not have a timeframe for a return to normal conditions.
“We’re not expecting to see any meaningful improvement in the impact …until the war is over,” he told analysts on a conference call.
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