McDonald's earnings, revenue miss estimates as consumer pullback worsens
www.cnbc.com
McDonald's stock has fallen 15% year to date, dragging its market value down to $181.2 billion.

Looks like McDonald’s is reaping what it sowed. Shit food at shit prices and no one wants to buy?! SHOCKER.

  • eletes@sh.itjust.worksEnglish
    0·
    4 months ago

    McDonald’s is on the boycott list for the Palestinian genocide. I’m really curious if that had any effect.

    I would think it’s not that much inside the US but McDonald’s has a large global presence.

    • Virual@lemmy.dbzer0.comEnglish
      01·
      4 months ago

      From the article:

      “Industry traffic has declined in major markets like the U.S., Australia, Canada, and Germany. In several markets, we also continue to be negatively impacted by the war in the Middle East,” McDonald’s CEO Chris Kempczinski said on the company’s earnings call.

      So it does seem to be working to some extent.