1682997354 Amid store closures and suspensions McDonalds just received news it

Amid store closures and suspensions, McDonald’s just received news it wasn’t expecting TV Focus

McDonald’s takes market news after waves of bad news

MC Donalds It has gone through an avalanche in the last few days. Now it’s hitting the financial markets, where NYSE:MCD reported firstquarter earnings per share (EPS) of $2.63. The estimate was $2.33 per share, which is $0.30 higher than expected. Quarterly revenue was $5.9 billion versus a market consensus of $5.57 billion.

McDonald’s shares also closed at $293.20. This was great as they have leveraged 6.73% over the last 3 months and are up 17.95% over the last 12 months. To get an idea of ​​the positive situation, the company received 17 positive and 2 negative EPS ratings in the last 90 days.

InvestingPro reported that McDonald’s Financial Health Score is “Good Performer.” The market analyzes values ​​and how they affect the stock market, this is how value rejoices.

McDonald's facade illuminated at night  photo reproduction InternetMcDonald’s facade illuminated at night photo reproduction Internet

WHAT WAS THE PROBLEM IN ISRAEL?

It seems that the MC Donalds will close its operations in Israel, at least that’s what the company’s initiative suggests, after leaving 200 units with closed doors and paralyzed operations.

This is a clear sign that the fastfood chain could leave the country. The cessation was communicated through McDonald’s official channels and the measure has no end date. Several network customers are concerned about the company’s decision to leave the country.

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The emblematic Casas Bahia store closed its doors (Photo: Internet Reproduction)

The Casas Bahia flagship store, which was closing its doors, came to an end, leaving staff concerned

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Mc Donald's to close 200 stores in Israel following government decision (Photo: Disclosure)McDonald’s is one of the largest fast food chains in the world (Photo: Disclosure)

WHY THE INITIATIVE?

The reason for the measure was a protest by the company against the statements made by Israeli Prime Minister Benjamin Netanyahu. For those who don’t know, he said he wanted plans for political power in the country to be expanded. In the speech she also contained a proposal against the workers.

To give a sense of the seriousness of the situation in the country, the minister’s latest action was to remove Defense Minister Yoav Gallant so that he could interfere in the Israeli judiciary. Of course, these government actions have not pleased the populace, who are demanding an end to judicial reform.

New McDonald's surprises customers.  Photo: Reproduction/InternetNew McDonald’s surprises customers. Photo: Reproduction/Internet

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