McDonald’s hit by ‘technology outage’ in UK, Australia, Japan and China

McDonald’s restaurants in multiple countries including the UK and Australia have been hit by a “technology outage”, as the fast food chain denied it had been hit by a cybersecurity attack. Services in Australia, the UK, Japan and China have been affected, with unconfirmed reports of problems elsewhere, with restaurant, drive-through and online orders affected. A global spokesperson for McDonald’s said the company was working to resolve the unspecified problem. “We are aware of a technology outage, which impacted our restaurants; the issue is now being resolved. We thank customers…

McDonald’s records first sales miss in nearly four years amid boycotts

McDonald’s reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India. The burger giant is among several western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance in the Israel-Hamas conflict. Comparable sales in McDonald’s International Developmental Licensed Markets segment rose 0.7% in the quarter, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald’s total revenue…