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Non-Tech : McDonalds (MCD)

MCD 296.47

-0.7%

9:30 AM EST

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From: Sr K	2/5/2024 3:19:14 PM
	of 288

BUSINESS EARNINGS Restaurant Giants Cite Misinformation Over Israel-Hamas War for Sales Hit McDonald’s weakness in Middle East is offset by higher U.S. sales, which were boosted by menu prices and promotions By Heather Haddon Updated Feb. 5, 2024 2:18 pm ET Share Resize Listen (6 min) McDonald’s said U.S. customers were responding to its effort to improve its burgers, which it has rolled out across the country. PHOTO: SEBASTIAN HIDALGO FOR THE WALL STREET JOURNAL The Israel-Hamas war is drawing in some of the world’s biggest restaurant companies, despite executives’ efforts to keep their brands above the fray. McDonald’s and Starbucks said the war has disrupted sales at Middle Eastern locations, and they have pushed back against online accusations that the companies have favored one side or the other in the conflict. Exc.

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