the Islamic world’s boycott’s impact, McDonald losses of about $7 billion within hours

Hend F Q
@LadyVelvet_HFQ
NEW YORK — On Wednesday, the CFO of McDonald’s announced that the boycott’s impact on sales in the arab region and the Islamic world has led to financial losses of about $7 billion within hours.

The fast food chain reported its first quarterly sales miss in nearly four years due to weak growth in its international business division. Its boss previously acknowledged the impact of the conflict, blaming “misinformation”. Shares in McDonald’s fell about 4% after the announcement.

McDonald’s Israel gave out free meals to the Israeli military, while McDonald’s Turkey sent $1 million to Palestinian victims in Gaza. McDonald’s Lebanon also appeared to support Palestine.

McDonald’s is publicly-listed on the NYSE as MCD, which means a multitude of shareholders own the company. So it is NOT owned by Jews or Zionists or Israelis. Its HQ is in Des Plaines, Illinois, and it generally operates on a franchise basis.

McDonald’s Corporation is a publicly traded company, which means that it is owned by its shareholders. As of 2021, the largest shareholders of McDonald’s Corporation include institutional investors such as The Vanguard Group, BlackRock Inc., and State Street Corporation.

Khalissee
@Kahlissee
BREAKING: BOYCOTT OF MCDONALD’S IS WORKING 🔥

McDonald’s Corporation loses $7 billion of its value within hours after its Chief Financial Officer announced the continued impact of boycotts in the Middle East on sales.

McDonald’s stock plunges by over 3%, heading towards its LARGEST daily loss in 5 weeks.

The Chief Financial Officer of McDonald’s said today that international sales will continue to decline in the current quarter.

Insider Paper
@TheInsiderPaper

BREAKING: McDonald’s has been hit by a system failure in Australia, Japan, Hong Kong and the UK, with many stores forced to close and online ordering suspended, CNN reports