Gaza boycott continues to weigh on McDonald's sales
McDonald's reported a modest increase in quarterly profits Tuesday despite a boycott stemming from the Middle East conflict expected to drag on sales for the foreseeable future.
While the boycott is not "getting worse," Chief Executive Chris Kempczinski does not have a timeframe for a return to normal conditions.
"We're not expecting to see any meaningful improvement in the impact... until the war is over," he told analysts on a conference call.