McDonald’s Corporation (NYSE:MCD) has a gift for the Japanese people this new year. According to CNBC’s Andrew Ross Sorkin, the company has lifted its voluntary restriction on fries in the country.
Earlier this month, McDonald’s Corporation (NYSE:MCD) revealed that it will be rationing its supply of fries in Japan after delays in shipping fries to the country restricted its stock. The fast food giant were only selling small servings of fries after import delays struck.
“McDonald’s now saying that an emergency airlift has been alleviating the French fry shortage in Japan. The company is ending its self-imposed ration at more than 3,000 restaurants in Japan as of January 5,” Sorkin said.
Aside from import delays, labor disputes have also contributed to the shortage of French fries at McDonald’s Corporation (NYSE:MCD) restaurants in the Asian country. The labor disputes were experienced by the international behemoth in the west coast of the U.S.
According to the Agence France-Presse, McDonalds actually airlifted over 1,000 tonnes of potatoes to Japan earlier in the month. The company has also revealed that it shipped by see some 1,600 tonnes of potatoes. Even with these massive shipments, the company still warned that it may not be enough potatoes for constant supply in Japan.
Meanwhile, his partners at the CNBC desk also commented that the latest study on salt may benefit McDonald’s Corporation (NYSE:MCD). Critics of the company’s French fries have long derided the product for its oil and salt content.
However, according to a new study, sugar may actually be more harmful than salt for blood pressure.
Mason Hawkins’ Southeastern Asset Management reported ownership of about 7.52 million McDonald’s Corporation (NYSE:MCD) as the third quarter ended. The stake was added to the firm’s portfolio just this third quarter and represented 3.75% of its 13F holdings.