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McDonald’s Continues to Be Impacted By the War in the Middle East

publication date: May 1, 2024
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Image: McDonald's shares have largely traded sideways the past couple years. 

Though impacts from the Middle East weren’t great and the pace of adjusted operating income and adjusted earnings per share growth weren’t as high as we would have liked in the first quarter, we’re sticking with McDonald’s in the Best Ideas Newsletter portfolio. McDonald’s mostly franchised business model works well in the current inflationary environment, and we continue to like the value it provides to consumers.


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