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Tag: QSR

  • Restaurant Brands Tops Estimates as Value Menus Draw Diners

    Restaurant Brands Tops Estimates as Value Menus Draw Diners

    SmartStocks.ca Staff

    Burger King and Tim Hortons show resilient demand, offsetting consumer spending pressures. Key Numbers Restaurant Brands International (TSX:QSR)(NYSE:QSR) demonstrated its resilience by beating quarterly sales and profit estimates recently, proving its multi-brand strategy is working. The company’s success was driven by strong traffic at Tim Hortons, which remains largely insulated from U.S. economic pressures, and Read more

  • Restaurant Brands International Posts Modest 3.2% Growth in Q3

    Restaurant Brands International Posts Modest 3.2% Growth in Q3

    SmartStocks.ca Staff

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    Quarterly Financial Overview Restaurant Brands International (TSX:QSR)(NYSE:QSR) reported total Q3 revenue of $2.29 billion, up from $1.84 billion in Q3 2023, boosted by acquisitions in the U.S. and China, which formed a new “Restaurant Holdings” segment. Adjusted operating income rose 6.1% to $652 million, supporting a modest 4.6% increase in adjusted diluted EPS to $0.93, Read more