Restaurant Brands: EPS Misses Estimates
Restaurant Brands International reported mixed third-quarter results with a slight revenue miss but robust international growth.
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
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 Hortons, Burger King and international markets including China and the Middle East.
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 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.
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.
Burger King, KFC owners take sales hit as spending tapers
Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by choppy demand in the United States and abroad from budget-stretched customers.
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.
Restaurant Brands International Shares Fall on Downgraded 2024 Targets, 3Q Misses
The Canadian-American fast food company reported revenue that rose to $2.29 billion from $1.84 billion in the third quarter, a figure that includes its acquisitions of Carrols Restaurant Group and ...
Restaurant Business17h
Burger King thrives internationally, except in China
Parent company Restaurant Brands International has driven strong growth outside the U.S. But it has struggled to gain traction in the ...
Business Insider20h
Strategic Initiatives and Market Positioning Drive Positive Outlook for Restaurant Brands International
Andrew Charles, an analyst from TD Cowen, maintained the Buy rating on Restaurant Brands International (QSR – Research Report). The associated price target was lowered to $80.00. Andrew ...
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.
Restaurant Brands Earnings: What To Look For From QSR
Fast-food company Restaurant Brands International (NYSE:QSR) will be reporting earnings tomorrow morning. Here’s what ...
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Barclays Keeps Their Buy Rating on Restaurant Brands International (QSR)
In a report released today, Jeff Bernstein from Barclays maintained a Buy rating on Restaurant Brands International (QSR – Research Report), with a price target of $89.00. The company’s shares ...
Burger King, KFC owners take sales hit as fast-food spending tapers
Rising fast-food prices over the past year have prompted consumers to cook cheaper meals at home and avoid eating out, ...