McDonald's expects that its Russian shutdown will cost the fast-food giant roughly $50 million a month.
. Because most of its restaurants in Russia and Ukraine are company-owned, McDonald's has greater exposure than most other U.S. fast-food chains with locations in those markets. The burger chain drew criticism for staying silent on the war until it announced the closures.
"We expect this to be temporary and we certainly don't take this decision lightly, but for us this is about doing what we think is the right thing to do, both for the global business and for our people locally," Ozan said. In addition to closing its Russian locations temporarily, McDonald's has also shuttered 108 restaurants in Ukraine for the time being. Russia and Ukraine together account for roughly 2% of McDonald's system-wide sales, 9% of its revenue and 3% of its operating income.
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