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McDonald's under expectations, -12% 4th quarter profit

Covid continues to weigh, it holds up only in the USA

McDonald's below expectations in the fourth quarter of the fiscal year. The Covid-19 pandemic continues to weigh on the American fast food chain, which recorded a 12% drop in profit compared to last year, due to government restrictions in all the countries in which it operates. The result was partially offset by stronger operating performance in the US. Worldwide comparable sales fell by 1.3%, in line...

hef - 16587

EFA News - European Food Agency