Restaurant Brands experiences sales growth in Q3
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 120 cou
Restaurant Brands’ Sales Miss on Burger King, Popeyes Slump
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners grappling with elevated costs.
Tim Hortons parent Restaurant Brands sees sales slow amid 'difficult' economy
A "difficult" economic environment took a bite out of Restaurant Brands International Inc.'s profit in its most recent quarter as sales fell across three of the company's brands, but executives say they've already seen signs of improvement in October.
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company’s acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.
Restaurant Brands' sales miss expectations, comparable sales soften
Looking ahead to 2024, QSR continues to expect adjusted interest expense between $565M and $575M and consolidated capital expenditures of ~$300M. SG&A, including the new segment, is expected to range between $640M to $650M, including share-based compensation and non-cash incentive compensation expense between $170M and $175M.
Burger King-parent Restaurant Brands misses third-quarter earnings estimates
Shares in Restaurant Brands (NYSE:QSR) slipped in premarket US trading on Tuesday after the Burger King-parent unveiled third-quarter financial results that missed analysts' expectations.
Burger King Parent’s Results Fall Short; ‘We Need to Provide Better Value’
Burger King's parent company said it needs to offer better value to cash-strapped diners, as a tough consumer environment weighed on sales. Restaurant Brands International’s adjusted third-quarter earnings and sales came in slightly below consensus expectations.
Burger King parent Restaurant Brands misses quarterly sales estimates
Restaurant Brands missed estimates for quarterly revenue on Tuesday, owing to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
Net sales climbed 24.7%, largely thanks to the company’s acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.
Restaurant Brands Q3 Earnings Miss Wall Street Estimates. Burger King, Firehouse Subs, And Popeyes See Sales Declines
Restaurant Brands International reported lower-than-expected earnings and revenue in the third quarter, with same-store sales for all four chains missing Wall Street estimates. Restaurant Brands' adjusted earnings per share and revenue fell slightly below analyst expectations.
Restaurant Brands Third-Quarter Results Miss Views Amid Burger King, Popeyes Declines
Restaurant Brands International's (QSR) third-quarter results fell short of market estimates as overall comparable sales growth slowed down amid declines at Burger King, Popeyes Louisiana Kitchen and Firehouse Subs.
Tim Hortons a bright spot for parent RBI as sales disappoint on North America weakness
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners ...
Burger King parent Restaurant Brands misses sales estimates on muted demand
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim ...
Restaurant Brands International 3Q Profit Slips
Restaurant Brands International reported a decline in third-quarter profit due to higher costs, while Tim Hortons and its international markets helped drive sales growth.
Tim Hortons parent Restaurant Brands misses analysts’ estimates as demand slows
A sluggish consumer environment has led fast-food giants across the industry to compete with more value offerings to entice visitors – a trend that affected Tim Hortons and Burger King parent ...
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Restaurant Brands International Inc (QSR) Q3 2024 Earnings Call Highlights: Navigating Growth ...
Net Restaurant Growth: Increased by 3.8%. System-Wide Sales Growth: 3.2% increase. Organic Adjusted Operating Income Growth: 6.1% increase. Year-to-Date System-Wide Sales Growth: 5.3%. Tim ...
Taco Bell Shines as Yum, Restaurant Brands Struggle; Marqeta Shares Sink 30%
Taco Bell’s resilience boosts Yum, while KFC and Pizza Hut see declines. Learn how Yum, Restaurant Brands, and Marqeta face ...
Tim Hortons sees Canada's population growth as 'opportunity for more Tims'
Canada's recent surge in population growth is providing an opportunity for Tim Hortons to expand, with the company gearing up ...
Burger King, KFC owners miss results estimates as fast-food spending wanes
Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit ...