McDonald’s CEO: Gaza-support boycotts affected markets
06:28
McDonald’s CEO: Gaza-support boycotts affected markets
While US stocks are flying high, renowned US restaurant companies have reported a decline in sales last quarter. These companies' alleged support of Israel's actions in Gaza has led to boycotts, further negatively affecting their sales, particularly in the Middle East and Asia. They also anticipate this situation will likely continue to affect demand in the current quarter.
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