December 4, 2021

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Higher prices in American restaurants are prompting McDonald's results

Higher prices in American restaurants are prompting McDonald’s results

Like other major restaurant chains, McDonald’s is facing reversals due to raw material prices and staff shortages in some countries. The company went without milkshakes at all its UK branches in September. Nevertheless, net profit has grown by more than a fifth to $ 2.1 billion, or about 1. 1.8 billion. Year-over-year sales were up 14 percent to $ 6.2 billion.

McDonald’s owns more than 13,000 restaurants in its home country. But the results were also strong in countries such as Canada, France, Germany and the United Kingdom, according to the panel. The Netherlands’ performance was not mentioned in the global press release issued by McDonald’s.

The chain is not good in all countries. For example, similar sales in China fell due to the re-emergence of the corona virus, while sales in Australia were curtailed by measures to prevent the spread of the virus. Due to Corona, some restaurants were allowed to open for a limited time or had to close completely.

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