McDonalds come in shy of revenue estimates in Q4

McDonald’s Corp (NYSE: MCD) is trading down in premarket on Monday after reporting disappointing revenue for its fiscal fourth quarter.What hurt sales for McDonald’s in Q4?Copy link to sectionThe fast-food chain attributed weakness in its recently concluded quarter to an industry-wide decline in foot traffic in the last two months of 2023. Israel-Hamas war, it added, also weighed on sales in Q4 as many on social media called for a boycott after its Israeli franchisee announced discounts for soldiers. Still, ...