McDonald's faces the biggest decline in global sales in four years Like Other Brands Sporting Israel

McDonald's is experiencing its largest decline in global sales in four years, with a reported drop of 1.5% in the third quarter of 2024. This decline is more significant than analysts had anticipated, as they had predicted a smaller decrease of 0.72%. The downturn is attributed to several factors, including weaker customer traffic across key markets and heightened price sensitivity among consumers.

Key Details:​

• Sales Performance: The decline in global sales marks the most substantial drop since 2020, reflecting challenges the fast-food giant faces in maintaining customer engagement amid rising living costs and competition from other chains offering more affordable options.
• Impact of E. coli Outbreak: The situation was exacerbated by an E. coli outbreak linked to McDonald's Quarter Pounder hamburgers, which led to the temporary suspension of these products in a significant number of U.S. locations. This incident has further impacted customer visits and overall sales.
• Financial Results: McDonald's reported a net income of $2.26 billion, a decrease of 3% from the previous year. The company earned $3.23 per share on an adjusted basis, slightly above analysts' expectations but still reflecting the challenges faced.
• Market Reactions: Following the announcement of these results, McDonald's shares fell by over 1%, continuing a downward trend that had seen nearly a 7% decline in the preceding week due to concerns about the E. coli outbreak and its implications for customer trust.
• Strategic Adjustments: In response to declining sales, McDonald's has intensified promotions and introduced meal deals aimed at attracting cost-conscious consumers. CEO Chris Kempczinski highlighted the need to focus on affordability as customers become more discerning about their spending habits.

Conclusion​

The significant decline in McDonald's global sales underscores the challenges facing the fast-food industry as consumer preferences shift and economic pressures mount. The company's efforts to adapt through promotions and menu adjustments will be crucial as it navigates this difficult landscape and works to regain customer loyalty.

 

[sidkhan2]

McDonald's is experiencing its largest decline in global sales in four years, with a reported drop of 1.5% in the third quarter of 2024. This decline is more significant than analysts had anticipated, as they had predicted a smaller decrease of 0.72%. The downturn is attributed to several factors, including weaker customer traffic across key markets and heightened price sensitivity among consumers.

Key Details:​

• Sales Performance: The decline in global sales marks the most substantial drop since 2020, reflecting challenges the fast-food giant faces in maintaining customer engagement amid rising living costs and competition from other chains offering more affordable options.
• Impact of E. coli Outbreak: The situation was exacerbated by an E. coli outbreak linked to McDonald's Quarter Pounder hamburgers, which led to the temporary suspension of these products in a significant number of U.S. locations. This incident has further impacted customer visits and overall sales.
• Financial Results: McDonald's reported a net income of $2.26 billion, a decrease of 3% from the previous year. The company earned $3.23 per share on an adjusted basis, slightly above analysts' expectations but still reflecting the challenges faced.
• Market Reactions: Following the announcement of these results, McDonald's shares fell by over 1%, continuing a downward trend that had seen nearly a 7% decline in the preceding week due to concerns about the E. coli outbreak and its implications for customer trust.
• Strategic Adjustments: In response to declining sales, McDonald's has intensified promotions and introduced meal deals aimed at attracting cost-conscious consumers. CEO Chris Kempczinski highlighted the need to focus on affordability as customers become more discerning about their spending habits.

Conclusion​

The significant decline in McDonald's global sales underscores the challenges facing the fast-food industry as consumer preferences shift and economic pressures mount. The company's efforts to adapt through promotions and menu adjustments will be crucial as it navigates this difficult landscape and works to regain customer loyalty.

View attachment 1033863View attachment 1033864

Coca-Cola reported a significant drop in sales in Turkey and Pakistan, largely due to
boycotts targeting brands with perceived ties to Isra*l amid the ongoing
Middle East conflict, as well as economic downturns.

 

[HaiderAfan]

McDonald's is experiencing its largest decline in global sales in four years, with a reported drop of 1.5% in the third quarter of 2024. This decline is more significant than analysts had anticipated, as they had predicted a smaller decrease of 0.72%. The downturn is attributed to several factors, including weaker customer traffic across key markets and heightened price sensitivity among consumers.

Key Details:​

• Sales Performance: The decline in global sales marks the most substantial drop since 2020, reflecting challenges the fast-food giant faces in maintaining customer engagement amid rising living costs and competition from other chains offering more affordable options.
• Impact of E. coli Outbreak: The situation was exacerbated by an E. coli outbreak linked to McDonald's Quarter Pounder hamburgers, which led to the temporary suspension of these products in a significant number of U.S. locations. This incident has further impacted customer visits and overall sales.
• Financial Results: McDonald's reported a net income of $2.26 billion, a decrease of 3% from the previous year. The company earned $3.23 per share on an adjusted basis, slightly above analysts' expectations but still reflecting the challenges faced.
• Market Reactions: Following the announcement of these results, McDonald's shares fell by over 1%, continuing a downward trend that had seen nearly a 7% decline in the preceding week due to concerns about the E. coli outbreak and its implications for customer trust.
• Strategic Adjustments: In response to declining sales, McDonald's has intensified promotions and introduced meal deals aimed at attracting cost-conscious consumers. CEO Chris Kempczinski highlighted the need to focus on affordability as customers become more discerning about their spending habits.

Conclusion​

The significant decline in McDonald's global sales underscores the challenges facing the fast-food industry as consumer preferences shift and economic pressures mount. The company's efforts to adapt through promotions and menu adjustments will be crucial as it navigates this difficult landscape and works to regain customer loyalty.

View attachment 1033863View attachment 1033864

Pro-Palestine activists in Pakistan have initiated a boycott campaign against products linked to companies supporting Israel's actions in Gaza. The campaign encourages consumers to choose local alternatives instead, as a form of protest. This movement is part of a broader effort to demonstrate solidarity with Palestinians amid ongoing violence.

https://twitter.com/x/status/1842822555746316430

 

[Akbar26]

Turkish President Recep Tayyip Erdoğanhas recently called on the Muslim world to unite against Israel, emphasizing the need to end trade relations with the country in response to its military actions in Gaza and its perceived aggression towards Palestinians. His statements come amid escalating tensions in the region and reflect Turkey's strong support for Palestinian rights.

Key Points from Erdoğan's Address​

1. Call for Unity: Erdoğan urged Islamic countries to come together and form a united front against what he described as Israel's "tyranny" and "expansionism." He believes that only through collective action can the Muslim world effectively combat Israeli policies that he views as oppressive.
2. End of Trade with Israel: During his remarks at an extraordinary summit of the Organization of Islamic Cooperation (OIC), Erdoğan highlighted the importance of imposing an embargo on Israel and ceasing all trade relations. He stated, “As Islamic countries, we must pioneer the steps that can be taken against Israel,” indicating a strong stance against economic cooperation with the nation.
3. International Isolation: Erdoğan called for the international community to isolate Israel unless it ceases its military actions in Gaza. He emphasized that the ongoing violence against Palestinians constitutes a form of genocide, which requires urgent global attention and response.
4. Recognition of Palestine: In addition to trade sanctions, Erdoğan advocated for more countries to recognize Palestine as a sovereign state. He believes that international recognition is crucial for supporting Palestinian self-determination and rights.
5. Humanitarian Aid Efforts: Erdoğan also mentioned Turkey's humanitarian efforts, stating that Türkiye has delivered over 85,000 tons of aid to Gaza, showcasing Turkey's commitment to supporting Palestinians during this crisis.

Implications of Erdoğan's Statements​

Erdoğan's calls for unity among Muslim nations and the cessation of trade with Israel could have significant implications:

• Geopolitical Tensions: Such rhetoric may further escalate tensions between Turkey and Israel, which have had a tumultuous relationship in recent years.
• Impact on Regional Alliances: Erdoğan's push for an Islamic alliance against Israel could influence diplomatic relations within the Middle East, potentially aligning countries based on their stance toward Israel and Palestine.
• Economic Consequences: Ending trade relations could impact not only Turkey-Israel economic ties but also affect broader economic dynamics in the region, particularly if other Muslim-majority nations follow suit.

Conclusion​

Erdoğan's call for a united Muslim front against Israel highlights Turkey's role as a vocal advocate for Palestinian rights amidst ongoing conflict. By urging an end to trade with Israel and promoting international recognition of Palestine, Erdoğan seeks to galvanize support within the Islamic world while addressing what he perceives as grave injustices faced by Palestinians. As tensions continue to rise in the region, these developments will be closely monitored by both regional and global actors.

 

[sidkhan2]

Turkish President Recep Tayyip Erdoğanhas recently called on the Muslim world to unite against Israel, emphasizing the need to end trade relations with the country in response to its military actions in Gaza and its perceived aggression towards Palestinians. His statements come amid escalating tensions in the region and reflect Turkey's strong support for Palestinian rights.

Key Points from Erdoğan's Address​

1. Call for Unity: Erdoğan urged Islamic countries to come together and form a united front against what he described as Israel's "tyranny" and "expansionism." He believes that only through collective action can the Muslim world effectively combat Israeli policies that he views as oppressive.
2. End of Trade with Israel: During his remarks at an extraordinary summit of the Organization of Islamic Cooperation (OIC), Erdoğan highlighted the importance of imposing an embargo on Israel and ceasing all trade relations. He stated, “As Islamic countries, we must pioneer the steps that can be taken against Israel,” indicating a strong stance against economic cooperation with the nation.
3. International Isolation: Erdoğan called for the international community to isolate Israel unless it ceases its military actions in Gaza. He emphasized that the ongoing violence against Palestinians constitutes a form of genocide, which requires urgent global attention and response.
4. Recognition of Palestine: In addition to trade sanctions, Erdoğan advocated for more countries to recognize Palestine as a sovereign state. He believes that international recognition is crucial for supporting Palestinian self-determination and rights.
5. Humanitarian Aid Efforts: Erdoğan also mentioned Turkey's humanitarian efforts, stating that Türkiye has delivered over 85,000 tons of aid to Gaza, showcasing Turkey's commitment to supporting Palestinians during this crisis.

Implications of Erdoğan's Statements​

Erdoğan's calls for unity among Muslim nations and the cessation of trade with Israel could have significant implications:

• Geopolitical Tensions: Such rhetoric may further escalate tensions between Turkey and Israel, which have had a tumultuous relationship in recent years.
• Impact on Regional Alliances: Erdoğan's push for an Islamic alliance against Israel could influence diplomatic relations within the Middle East, potentially aligning countries based on their stance toward Israel and Palestine.
• Economic Consequences: Ending trade relations could impact not only Turkey-Israel economic ties but also affect broader economic dynamics in the region, particularly if other Muslim-majority nations follow suit.

Conclusion​

Erdoğan's call for a united Muslim front against Israel highlights Turkey's role as a vocal advocate for Palestinian rights amidst ongoing conflict. By urging an end to trade with Israel and promoting international recognition of Palestine, Erdoğan seeks to galvanize support within the Islamic world while addressing what he perceives as grave injustices faced by Palestinians. As tensions continue to rise in the region, these developments will be closely monitored by both regional and global actors.

https://twitter.com/x/status/1856669101931757733

 

[AbdulQadir7]

Turkey has officially severed all diplomatic and trade relations with Israel, as announced by President Recep Tayyip Erdogan on November 13, 2024. This declaration was made during a conversation with journalists while returning from visits to Saudi Arabia and Azerbaijan. Erdogan emphasized that Turkey's government will not pursue or develop any relations with Israel moving forward, stating, "Our association with Israel is now nonexistent. Full stop"

Reasons for the Severance​

Erdogan's decision comes amid escalating tensions in the region, particularly due to the ongoing conflict in Gaza, which he condemned as genocidal. He highlighted Turkey's commitment to stand with the Palestinians and called for urgent humanitarian aid and a ceasefire
The Turkish government has previously imposed a trade embargo on Israel and has been vocal in its criticism of Israeli military actions

Implications​

Despite this formal severance, Turkey's diplomatic missions in Tel Aviv remain operational, indicating a complex relationship where formal ties are cut but some level of interaction continues
Erdogan's announcement could have broader implications for Turkey's foreign policy, especially regarding its relationships with Western allies and its role in Middle Eastern geopolitics
This move is seen as part of Turkey's strategy to strengthen alliances with other regional powers while distancing itself from Israel, reflecting Erdogan's longstanding support for the Palestinian cause

https://twitter.com/x/status/1856720424916414968

 

[AbdulQadir7]

The solidarity movement for Palestine in Norway and the call to boycott Coca-Cola is part of a broader global trend linked to the Boycott, Divestment, and Sanctions (BDS) movement. This movement aims to pressure companies, governments, and institutions to withdraw support for Israel over its policies towards Palestinians.

Key Points:​

1. Why Coca-Cola?
   • Coca-Cola has been targeted by BDS activists for its alleged indirect business ties with Israel.
   • Activists argue that companies operating in or supporting activities in Israeli settlements on Palestinian land are complicit in human rights violations.
   • Calls for boycotts of major brands like Coca-Cola aim to apply economic pressure on corporations that have perceived connections with Israeli institutions.
2. Protests in Norway:
   • Norway has a strong civil society tradition of supporting global human rights causes.
   • Pro-Palestine demonstrations often include marches, public speeches, and calls for boycotts of companies accused of supporting Israel.
   • Norway has seen protests in solidarity with Palestine in the past, with some Norwegian unions, student bodies, and activist groups openly supporting the BDS movement.
3. Impact of the Boycott:
   • While symbolic, such boycotts can affect public perception of brands and push companies to reconsider their operations.
   • For instance, companies like Ben & Jerry’s previously stopped selling in the West Bank, citing ethical concerns.

https://twitter.com/x/status/1869963185274417656

 

[sidkhan2]

'Israel is feeding the IOF free food from McDonald's.'

An activist at McDonald's on London's Edgware Road condemns the
corporation’s complicity in the Israeli occupation, urging a boycott in
light of ongoing atrocities in Gaza.

They called for solidarity with Palestine and an end to corporate s
upport for the Israeli occupation

https://twitter.com/x/status/1873349498891899202

 

[Akbar26]

An activist in the UK has accused McDonald's of complicity in Israel's military actions against Gaza, calling for a public boycott of the fast-food giant. This accusation comes amid ongoing tensions and conflict in the region, where many consumers are expressing their discontent with companies perceived to support Israel.

Background of the Accusation​

The activist's claims are rooted in the belief that McDonald's, through its operations and affiliations, indirectly supports Israel's military actions. This sentiment has been echoed by various groups advocating for a boycott of Western brands they believe are complicit in the conflict. The call for action against McDonald's is part of a broader movement urging consumers to reconsider their patronage of companies linked to perceived injustices.

Impact on McDonald's Sales​

In response to the ongoing conflict, McDonald's has reported significant challenges in its sales, particularly in the Middle East. The company acknowledged that the war and associated "misinformation" have had a "disheartening" effect on its performance in these markets. In its latest financial reports, McDonald’s indicated that it experienced its first quarterly sales miss in nearly four years, attributing this partly to boycotts related to the Israel-Gaza conflict.CEO Chris Kempczinski noted that sales growth in regions affected by the conflict was significantly lower than expected, with some markets experiencing only 0.7% growth. He emphasized that as long as the war continues, improvements in these markets are unlikely.

Broader Context of Boycotts​

McDonald's is not alone in facing backlash; other companies like Starbucks and Coca-Cola have also encountered consumer boycotts due to their perceived ties to Israel. These boycotts have been fueled by rising anti-Israeli sentiment among consumers in various regions, particularly in Muslim-majority countries where public opinion strongly opposes Israel's military actions.Despite these challenges, McDonald's maintains that it is focused on supporting local communities and addressing the humanitarian crisis resulting from the conflict. The company has expressed its thoughts for families affected by the violence but continues to face scrutiny from activists and consumers alike.

Conclusion​

The accusations against McDonald's reflect a growing trend of consumer activism aimed at holding corporations accountable for their perceived roles in global conflicts. As calls for boycotts gain traction, companies like McDonald's must navigate complex geopolitical landscapes while addressing consumer concerns about their operations and affiliations. The impact of these movements on corporate performance will be closely monitored as the situation in Gaza evolves and public sentiment continues to shift.

https://twitter.com/x/status/1873927068699779338