McDonald's higher US sales in Q1 help overcome weakness from boycotts overseas
Tuesday, 30 April 2024 () McDonald’s said higher U.S. sales in the first quarter helped it overcome weakness in the Middle East and other markets where consumers have been boycotting the brand over its perceived support for Israel. The Chicago burger giant said its same-store sales rose 1.9% worldwide in the January-March period. That was slightly below Wall Street’s forecast of a 2.1% increase. In the U.S., same-store sales rose 2.5% as the company raised prices and saw higher demand for delivery. But sales fell slightly in McDonald’s international franchised markets. McDonald’s said its revenue rose 5% to $6.2 billion in the January-March period. That was in line with Wall Street’s estimates.
McDonald's Posts , Disappointing Q1 Results , Amid Ongoing Boycotts.
'The Independent' reports that McDonald's posted weaker-
than-expected results in the first quarter of 2024, as a result
of a boycott over the company's perceived support for Israel. .
'The Independent' reports that McDonald's...
Taylor Swift's 'The Tortured Poets Department' , Has Best Streaming Week Ever.
Associated Press reports that Taylor Swift's
latest album 'The Tortured Poets Department'
has continued to dominate...
Credit: Wibbitz Top Stories Duration: 01:30Published
Beyoncé's Latest Album , Boosts Sales for , Western Style.
Beyoncé's Latest Album , Boosts Sales for , Western Style.
NBC reports that sales of western style
boots have surged over 20% since..
Credit: Wibbitz Top Stories Duration: 01:30Published
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales..
Credit: Wibbitz Top Stories Duration: 01:30Published
Tuesday, 30 April 2024 ()
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