In the second quarter of 2022, the amount of losses and forecasts will be specified.
McDonald's fast food chain losses of $ 127 million against the closure of restaurants in Ukraine and Russia. The loss was initially expected to be less than $ 50 million, according to CNBC. $ 27 million was spent on rent, wages, and suppliers. And about $ 100 million has been written off as unsold stocks, which are likely to deteriorate due to the temporary closure of restaurants in Ukraine and Russia.
“Our restaurants in Ukraine and Russia remain closed. In both countries, we continue to pay salaries to our employees and provide them with additional support. But it is obvious to us that this crisis is far from over. The situation is constantly evolving, we are analyzing our opportunities and expect to provide investors and shareholders with clear guidelines no later than the end of the second quarter [2022], “said Chris Kempczynski, Chairman of the Corporation, at a conference call.
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Recall that as a result of a full-scale invasion of the Russian Federation, Ukraine lost a total of about $ 600 billion .
