Although McDonald's Corp.'s sales may see some pressure from a slower economy in China, Wall Street analysts say the company should still report long-term sales and profit growth in its Asia Pacific region.
At an investor meeting Friday detailing its Asia, Pacific, Middle East and Africa (APMEA) division's performance, the company said discretionary spending may be under pressure from a slower economy in China - which has long been considered a significant opportunity for fast food companies given the rapid rise of a new middle class.
Analysts see McDonald's Sales growth
![McDonald's for news McDonald's for news](https://media.potatopro.com/mcdonald-2400.jpg?width=1200&height=743&crop=smart&mode=crop)
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Highlighted Company
Related News
![J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world J&J green paper, a Miami-Dade company, announces the implementation of its game-changing sustainable packaging initiative Janus® in partnership with arcos dorados, the largest MCDonald's independent franchisee in the world](https://media.potatopro.com/arcos-dorados-mcdonald-1200.png?width=600&height=357&crop=center&mode=crop)
June 27, 2024