McDonald's Japan pulls earnings guidance, works on contingency plan
By Reuters | China Daily | Updated: 2014-07-30 07:16
Unit of fast-food giant battling meat scandal, competition
McDonald's Holdings Co (Japan) withdrew its earnings guidance for the year on Tuesday and said it was working on a contingency plan after a major meat supplier in China was shut down by regulators for food safety breaches.
It also said it would consider seeking damages from the supplier.
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