McDonald’s says Israel boycotts are hurting its business  ...Middle East

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McDonald’s says Israel boycotts are hurting its business 
McDonald’s on Monday said the ongoing tensions in the Middle East are putting a dent in its business. In its fourth quarter and full-year 2023 report released Monday, the Chicago-based burger chain said sales in its licensed markets business — which includes most of its Middle East locations — increased by only 0.7 percent in the last quarter. The company said the low number is a reflection of “the impact of the war” between Israel and the Palestinian militant group Hamas in the Middle East. This is less than the company’s overall sales growth of 3.4 percent and that of their U.S. and other international businesses, which each increased by more than 4 percent, the report stated. Monda

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