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McDonald's Q1 Earnings Fall Short Amid Inflation, Boycotts

The fast-food giant faces declining sales in the Middle East due to ongoing boycotts and global inflation pressures.

  • McDonald's reports a rare profit miss as Q1 earnings are impacted by inflation and Middle East boycotts.
  • Comparable store sales growth slows, with a significant downturn in Middle Eastern markets due to the Israel-Hamas conflict.
  • The company emphasizes cost-cutting and promotional strategies to attract budget-conscious consumers.
  • Shares decline as McDonald's misses Wall Street expectations for earnings per share.
  • McDonald's aims to boost future sales with new menu items and digital enhancements.
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