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...McDonald’s sales grew slower than anticipated in the first quarter as consumers cut back on spending amid persistent inflation....
...Carlyle earnings were buoyed by the $1.8bn sale of its stake in McDonald’s China and other asset sales that generated large performance fees for the group....
...The potato processor that supplies McDonald's with french fries slashed its financial guidance, as it grappled with softer restaurant demand for its products and a bigger than expected disruption to its...
...McDonald’s, whose customers skew towards lower-income brackets, said that poorer customers had been cutting back on fast food and cooking at home instead in the three months to December....
...McDonald’s said the war in Gaza has hurt business in the Middle East as it reported weaker than expected sales at its existing restaurants....
...McDonald’s Corporation is not funding or supporting any governments involved in this conflict,” McDonald’s said, adding that “any actions” from local licensee partners “were made independently without McDonald...
...The pro-Palestinian Boycott Divestment Movement (BDS), has said McDonald’s is “complicit with Israeli atrocities towards Palestinians”....
...without McDonald’s consent or approval”....
...McDonald's is increasing its ownership in its mainland China operations by buying a large minority stake in the unit from US private equity investor Carlyle Group....
...McDonald was unruffled....
...McDonald’s beat earnings estimates in its third quarter as customers continued dining at the restaurant chain despite higher prices....
...McDonald’s gained share with middle- and high-income consumers who are looking for cheaper options amid higher prices at other restaurants, he added....
...Mary Lou McDonald, leader of Ireland’s biggest party, the nationalist Sinn Féin, slammed his appointment, saying his tenure as health minister had proved you could “fail your way right to the very, very...
...McDonald’s has also been hit by accusations of a toxic work culture in its home market of the US....
...McDonald’s shares are down about 12 per cent from the record highs it achieved in June. That has knocked its valuation as well....
...Borden’s comments came as enough of a surprise that McDonald’s shares fell almost 4 per cent on the day. But the shock should not be too great....
...Fine Gael has been in government for too long,” Sinn Féin leader Mary Lou McDonald told broadcaster RTÉ. “Another Fine Gael taoiseach is not what the country needs at this time.”...
...Carlyle and McDonald’s declined to comment on the valuation. The deal will bring McDonald’s total stake to 48 per cent....
...Also we go long McDonald’s and long the British pub. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer You can email Katie Martin at katie.martin@ft.com....
...Even before the referendum debacle, Sinn Féin leader Mary Lou McDonald was under pressure....
...Shares in McDonald’s fell 2.5 per cent after the burger chain missed analysts’ profit expectations, as consumers cut back on spending and the conflict in the Middle East continues to weigh on the company...
...To the casual observer, McDonald’s is just a burger chain. But the world’s biggest fast-food company does more than serve up fries and shakes....
...Other companies: Eli Lilly, Coca-Cola, McDonald’s, PayPal, Marathon Petroleum, 3M, GE Healthcare, Archer Daniels Midland, Restaurant Brands and Molson Coors report earnings before the bell....
...A number of food and beverage companies — including Starbucks, Kraft Heinz and McDonald’s — are fighting to hang on to customers....
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