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 ...
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Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
Restaurant Brands International on Tuesday reported quarterly revenue that missed analysts' expectations as domestic ...
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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.
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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 ...
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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 ...
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 ...
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 ...
Burger King, KFC owners take sales hit as fast-food spending tapers
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 ...