Restaurant Brands revenue disappoints Wall Street as Burger King same-store sales miss estimates
Publishing timestamp: 2023-11-03 09:51:31
Summary
Restaurant Brands International reported earnings that exceeded expectations, but its revenue fell short due to Burger King's disappointing same-store sales growth. The company's other chains, Tim Hortons and Popeyes, had mixed results with Tim Hortons meeting expectations and Popeyes outperforming expectations. Burger King has been implementing a turnaround plan to improve its U.S. business.
Sentiment: MIXED
Keywords: business news, markets, united states, restaurants, dividends, restaurant brands international inc, retail industry, earnings, breaking news: business, lifestyle, business, breaking news: markets,
Source: https://www.cnbc.com/2023/11/03/restaurant-brands-international-qsr-q3-2023-earnings.html