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Stock impact report

Restaurant Brands earnings top estimates as international Burger King restaurants fuel sales growth [MSNBC.com]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Company Research Source: MSNBC.com
Restaurant Brands InternationalHere's what thecompany reported per share: 96 cents adjusted vs. 95 cents expectedRestaurant Brands reported fourth-quarter net income attributable to shareholders of $113 million, or 34 cents per share, down from $259 million, or 79 cents per share, a year earlier.Excluding transaction costs, restructuring expenses and other items, the company reported adjusted earnings of 96 cents per share.Net salesThe company's same-store sales increased 3.1%, fueled by strong international growth.Outside of the U.S. and Canada, Restaurant Brands' same-store sales climbed 6.1%. International Burger King restaurants, which represents the bulk of the segment, saw same-store sales growth of 5.8%.Analysts were projecting international same-store sales growth of just 3.7%, based on StreetAccount estimates.And Restaurant Brands plans to keep growing its business abroad. In November, thecompany announcedCanadian coffee chain Tim Hortons reported same-store sales growth of 2 Show less Read more
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