I love how [they stopped taking money out of Russia and instead let their Russian franchises keep it all] is supposed to be a good thing.
The truth of the matter is they did the bare minimum they felt they had to under the sanctions regime and held on for the last year and a half hoping this whole thing would just blow over and business as usual could continue. They could have exited in a week and ate the costs like other companies did, instead they left all of the stores, a third of which they own outright, open for as long as they could.
I love how [they stopped taking money out of Russia and instead let their Russian franchises keep it all] is supposed to be a good thing.
The truth of the matter is they did the bare minimum they felt they had to under the sanctions regime and held on for the last year and a half hoping this whole thing would just blow over and business as usual could continue. They could have exited in a week and ate the costs like other companies did, instead they left all of the stores, a third of which they own outright, open for as long as they could.