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McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>'The Independent' reports that McDonald's posted weaker-<br/>than-expected results in the first quarter of 2024, as a result <br/>of a boycott over the company's perceived support for Israel. .<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>According to McDonald's, higher sales in the <br/>United States helped the fast-food giant overcome <br/>weakness in markets where the brand is being boycotted.<br/>The company saw same-store sales rise by <br/>1.9% worldwide between January and March, <br/>below the Wall Street forecast of 2.1%.<br/>Increased menu pricing and delivery demand <br/>saw same-store sales in the U.S. increase by 2.5%.<br/>In international markets, sales fell <br/>by 0.2% for the first time since 2020.<br/>Despite this, McDonald's said the company's revenue <br/>increased 5% to reach $6.17 billion, while net income went <br/>up 7% to $1.93 billion, in-line with Wall Street estimates.<br/>'The Independent' reports that Muslim-majority <br/>markets like Indonesia, Malaysia and the Middle East <br/>have been boycotting McDonald's for months.<br/>The boycotts started after a McDonald's franchise in <br/>Israel announced in October that it would provide free <br/>meals for Israeli troops amid the ongoing war in Gaza.<br/>In the months since then, the company has tried to limit <br/>the fallout by taking over all 225 McDonald's in the country <br/>with the purchase of Alyonal Limited, its Israeli franchise.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'.<br/>Our hearts remain with <br/>the communities and families <br/>impacted by the war in the Middle East. <br/>We abhor violence of any kind and <br/>firmly stand against hate speech, <br/>and we will always proudly <br/>open our doors to everyone, McDonald's statement, via 'The Indepndent'
⏲ 1:30 👁 1.1M
Gordon Food Service
⏲ 1 minute 35 seconds 👁 4.9K
BB's Adventures
⏲ 23 minutes 6 seconds 👁 344
Whilst staying at The Royal at Heysham I wanted to see if their food was up to scratch at both their dinner and breakfast service.<br/><br/>The hotel has won a plethora of local awards as well as being nominated for a Lancashire Tourism Award in recent years.<br/><br/>Its warm and cosy atmosphere as well as its stunning location overlooking Morecambe beach had already impressed me and made for a wonderful stay.<br/><br/>However during my time at The Royal, I was interested to see if their much lived up to the rest of the hotel.<br/>
⏲ 3:43 👁 250K
Life with Lisa Valdez
⏲ 32 minutes 2 seconds 👁 5.2K
Adventures with Danno
⏲ 18 minutes 39 seconds 👁 2.8K
Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, reported a 3% decline in same-store sales for the first quarter, which was expected due to inflation, consumer demand pressures, and geopolitical issues. Pizza Hut and KFC saw same-store sales declines of 7% and 2%, while Taco Bell grew by 1%. Starbucks reported a 4% drop in global comparable store sales driven by a 6% transaction decline, as more cautious consumers cut back. McDonald's comparable sales grew just under 2% in the first quarter, as the CEO noted broad consumer price pressures reducing discretionary spending.
⏲ 0:48 👁 120K
Zach’s Diary
⏲ 1 minute 17 seconds 👁 224
WOOD TV8
⏲ 1 minute 33 seconds 👁 92
Many might dub the star of this clip a picky eater, but truth be told, she's a 'food enthusiast with standards,' and grapes just don't measure up to the lofty expectations of her refined palate. <br/><br/>\
⏲ 1:3 👁 2M
Naturally Latasha
⏲ 17 minutes 46 seconds 👁 77
Gordon Food Service
⏲ 47 seconds 👁 3.2K
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