McDonald's Losses Due to Exit from Russia Exceed Predictions by 2.5 Times

Due to its exit from the Russian Federation, McDonald's losses have exceeded forecasts by 2.5 times. This was reported by Говорит Москва.

The American chain has spent $127 million on rental spaces and salaries for employees in Russia and Ukraine, instead of the anticipated $50 million.

Since the start of the special operation, fast food restaurants have been closed in both countries. McDonald's has written off $100 million worth of unsold inventory, which is likely to become unusable, according to the company's report.