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McDonald's CEO says several markets in Middle East impacted by conflict

Major Western fast-food chains including McDonald's and Starbucks (SBUX.O) have seen largely spontaneous, grassroots boycott campaigns.
07.01.24 | Source: Reuters

McDonald's (MCD.N) CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region were experiencing a "meaningful business impact" due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.


Major Western fast-food chains including McDonald's and Starbucks (SBUX.O) have seen largely spontaneous, grassroots boycott campaigns over their perceived pro-Israeli stance and alleged financial ties to Israel.

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