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Anti-Israel boycotts cause decline in sales

Israel's attacks on Gaza have led to a boycott trend that adversely affected company sales worldwide. McDonald's sales have declined for the first time since 2020. Starbucks and KFC were also among the companies that have been negatively affected by the boycotts.

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The company's revenue for the second quarter fell short of market expectations at $6.49 billion, while net profit decreased by 12%.