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Anti-Israel boycotts cause decline in sales

Israel's attacks on Gaza have led to a boycott trend that adversely affected company sales worldwide. McDonald's sales have declined for the first time since 2020. Starbucks and KFC were also among the companies that have been negatively affected by the boycotts.

Agencies and A News / World
Published 31.07.2024 17:06
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Anti-Israel boycotts cause decline in sales

U.S.-based companies Starbucks and KFC were also affected by the boycotts against Israel.

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Starbucks, which is boycotted in the Middle East and Asia, have seen a decline in revenues in the first quarter of 2024. Its revenues decreased by 2% year-on-year, dropping to $8.6 billion in the January-March period.

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Anti-Israel boycotts cause decline in sales

In April, KFC temporarily closed 108 outlets in Malaysia following an anti-Israel boycott.

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