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Coverage dated February 4, 2024 to February 5, 2024

McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while

Headline from NBC10 Philadelphia, from the development of Feb 5, 2024

Newest development Feb 6, 2024 · 4 reportsMcDonald’s blames Israel’s war in Gaza for missing sales target

The Israel-Hamas war and related boycotts hurt Starbucks’ and McDonald’s sales in the latest quarter.

NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while

    Headline from NBC10 Philadelphia ·

  2. Newest

    McDonald’s blames Israel’s war in Gaza for missing sales target

    Headline from Al Jazeera ·

Read the reports

Reports & sources

9 articles, oldest first.

  1. NBC10 Philadelphia

    McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    The Israel-Hamas war and related boycotts hurt Starbucks’ and McDonald’s sales in the latest quarter.

  2. Forbes

    McDonald’s—A Target Of Boycotts Like Starbucks—Sees Stock Drop, Earnings Hit Over Israel-Hamas War (opens Forbes)

    Published

    Forbes's feed description

    McDonald’s missed its revenue estimates in the final quarter of 2023 and said continued conflict in the Middle East weighed heavily on its earnings.

  3. The Guardian

    McDonald’s records first sales miss in nearly four years amid boycotts (opens The Guardian)

    Published

    The Guardian's feed description

    Company is among several western brands that have seen protests and boycott campaigns over perceived pro-Israeli stance

  4. Legal Insurrection

    McDonald’s Blames Israel-Hamas War, Middle East Boycotts for Missing Sales Targets (opens Legal Insurrection)

    Published

    Legal Insurrection's feed description

    The low sales could explain why McDonald's has already brought back the Shamrock Shake and the Oreo Shamrock McFlurry.

  5. Al-Monitor

    How the Gaza boycotts are impacting McDonald's, Starbucks sales (opens Al-Monitor)

    Published

    Al-Monitor's feed description

    Last month, McDonald’s CEO Chris Kempczinski said “misinformation” about the company’s position on the conflict had hurt the business.

  6. Al Jazeera

    McDonald’s blames Israel’s war in Gaza for missing sales target (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Slump comes after customers in Muslim countries boycotted brand over its perceived support for Israel.

  7. Al Jazeera

    Israel’s war on Gaza: Are boycotts hurting US brands? (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    McDonald’s is the latest of several brands to report a sales dip in Asia and the Middle East.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

McDonald's and Starbucks blame the Israel-Hamas war for slower sales — and the recovery might take a while | Since Then