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McDonald’s - 3 McDonald’s Israel - 2 Chris Kempczinski - 2 ” - 2 New York CNN — McDonald’s - 1 ” Kempczinski - 1 Artur Widak - 1 Andrew Gilman - 1
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Search resuls for: "McDonald’s Israel"


3 mentions found


☆ McDonald’s says Middle East turmoil is hurting its business
  + stars: | 2024-02-05 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN —McDonald’s said growing tensions in the Middle East have hurt its business. The Middle East doesn’t make up a huge part of its overall business. McDonald’s noted that it provided an insignificant amount of financial assistance for franchisees impacted by the war in the Middle East. That was far worse than the more-than 4% growth in the United States and other international businesses. Many McDonald’s operators in the region quickly distanced themselves from the Israeli operator’s actions.
Persons: New York CNN — McDonald’s, McDonald’s, McDonald’s Israel, Chris Kempczinski, ” Organizations: New, New York CNN, East, Hamas, Starbucks Locations: New York, East, United States, Israel, Kuwait, Pakistan
☆ McDonald's Has Bumpy End to a Strong Year After Middle East Boycotts Hurt Sales
  + stars: | 2024-02-05 | by ( Associated Press | Feb. | At A.M. | ) www.usnews.com   time to read: +2 min
Customers in the Middle East were angered after McDonald’s Israel – which is operated by a local franchisee -- announced in October it was providing free meals to Israeli soldiers. Last month, McDonald’s President and CEO Chris Kempczinski warned that “misinformation” in the Middle East and elsewhere was hurting sales. Photos You Should See View All 45 ImagesIt was an unexpected end to an otherwise strong year for the burger giant, which said global sale-store sales rose 9% in 2023. Starbucks said last week that it faced boycotts in the Middle East and elsewhere because of its perceived support for Israel. McDonald’s revenue rose 8% to $6.4 billion in the fourth quarter, meeting analystexpectations.
Persons: McDonald’s Israel, Chris Kempczinski, McDonald’s, ” Kempczinski Organizations: FactSet, Starbucks, Israel, McDonald’s Corp Locations: Gaza, McDonald’s Oman
☆ How McDonald’s Middle East franchises got into a public feud over Israel
  + stars: | 2023-10-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +6 min
Many McDonald’s operators in the region quickly distanced themselves from the Israeli operator’s actions. “It’s less control.”As the public feud plays out in the Middle East, McDonald’s corporate hasn’t said much about the war. What’s going on with McDonald’s in the Middle EastOnline, McDonald’s operators have made clear that they are independent of each other. “McDonald’s Pakistan is a wholly Pakistani entity owned and managed by SIZA foods,” reads a statement posted by McDonald’s Pakistan on X, formerly Twitter. Nierman suspects that many McDonald’s customers might not be paying too much attention either way.
Persons: McDonald’s, Artur Widak, ”, Andrew Gilman, hasn’t, Michael Seid, ’, Seid, Al Maousherji, ” Gilman, Evan Nierman, ” Nierman Organizations: New, New York CNN, Palestinian Ministry of Health, Hamas, CNN, Food Program, MSA, ‘, McDonald’s, Al, Al Maousherji Catering, Kuwait Red Crescent Society, Universities Locations: New York, Israel, McDonald’s Israel, Kuwait, Pakistan, Gaza, United States, “, McDonald’s Pakistan, McDonald’s Kuwait, Kuwaiti, Palestine, ”
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