Restaurant Brands' Patrick Doyle says Burger King's varied prices help customers burdened by inflation [CNBC]
Restaurant Brands International Inc. Common Shares (QSR)
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am
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Source: CNBC
with CNBC's Jim Cramer , saying that menus with meals at varying price points help those who feel the weight of inflation. Restaurant Brands International owns a number of fast food chains, including Burger King, Popeyes and Tim Hortons. Doyle specifically discussed Burger King and indicated the chain can't just hike up prices when inflation is high. Instead, Burger King offers a variety of items at different price points, he said. “We think we've got a great menu offering now that has higher end items and kind of entry level items,” Doyle said. “So, wherever the customer wants to come in and do business with us, we've got a great offering for them.” Doyle noted that the environment is “a little tougher” for the consumer, who has felt price increases over the past few years. However, he said company generally feels good about its performance this past quarter. Restaurant Brands International reported solid earnings on Tuesday, and shares were up 2.72% by close. According to Do
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