Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in the region, has posted a first quarter revenue fall of 16.3% to $493.5 million leading to a drop in net profit at $28 million.
KFC, Pizza Hut profit in Middle East cut by half amid Gaza war boycotts al-monitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from al-monitor.com Daily Mail and Mail on Sunday newspapers.
Chains such as Starbucks, McDonald’s, Burger King, Coca-Cola, KFC and Pizza Hut admit that boycott campaigns promoted on social media have had an impact on bottom lines. Some of these locals initiatives occur due to misunderstandings, while others are organized to oppose the West’s support for Israel
International Business: Gulf markets end mixed on earnings gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.