Restaurant Brands: EPS Misses Estimates
Restaurant Brands International reported mixed third-quarter results with a slight revenue miss but robust international growth.
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 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.
Tim Hortons parent Restaurant Brands misses analysts’ estimates as demand slows
Net earnings fell slightly to US$357-million in the third quarter while revenue grew to US$2.29-billion, but both fell short of consensus
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
Tim Hortons parent Restaurant Brands sees sales slow amid 'difficult' economy
TORONTO — 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.
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.
Where Will Restaurant Brands International Stock Be in 1/3/5 Years?
Let's dive into where Restaurant Brands (TSX:QSR) could be headed over the near to medium term, shall we? The post Where Will ...
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 Brands reports Q3 adjusted EPS 93c, consensus $1.32
Reports Q3 revenue $2.29B, consensus $3.27B. Consolidated comparable sales were 0.3% and net restaurants grew 3.8% versus the prior year. Josh ...
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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Revealed: The restaurant brands that are driving Americans back to shopping malls
In order to identify the most popular brands, Yelp ranked brands with a minimum of 10 active ... Making up the rest of ...
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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 Charles’s ...
MarketAxess: Q3 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share. The operator of bond trading platforms posted revenue of $206.7 million in the period, ...