Pandemic, supply chain profits hit by rising costs

Customers are seen at a McDonald's fast food restaurant in Tokyo, Japan, September 26, 2017. REUTERS/Kim Kyung-Hoon/File Photo/File Photo

Rev 6:6 NAS And I heard something like a voice in the center of the four living creatures saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not damage the oil and the wine.”

Important Takeaways:

  • McDonald’s profit hit by rising costs, pandemic curbs
  • Operating costs rose 14% to $3.61 billion as supply chain bottlenecks led the world’s largest burger chain to spend more for ingredients such as chicken and beef, as well as packaging material, while it also raised wages in the United States.

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