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0.00225462197504894 0.000901848790019574 0.00526078460844745 0.00315647076506851 -0.00112731098752425 0.00165338944836915 0.00931910416353532 0.00375770329174808
Stock impact report

Tim Hortons' iced drinks grab bigger share of beverage sales — even in winter [Yahoo! Finance Canada]

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
3 min read In this article: Cold beverages helped drive growth at Tim Hortons in the fourth quarter, even as colder-than-usual December weather gripped parts of Canada. The coffee chain's parent company, Miami-based Restaurant Brands International Inc. ( QSR.TO QSR ), which also operates Burger King, Popeyes and Firehouse Subs, said cold beverage sales rose 8.6 per cent in the quarter ended Dec. 31, reaching nearly 27 per cent of total beverage sales, the largest portion ever recorded in a fourth quarter. Tim Hortons customers were largely drawn to iced espresso-based beverages, including iced chai lattes and protein lattes , said RBI CEO Joshua Kobza, on Thursday morning's earnings call. The strength in protein lattes reflects a broader shift in consumer preferences. According to Square data, sales of protein-related items at Canadian coffee shops rose 35 per cent in the first three weeks of January compared with the same period last year. More broadly, Kobza said the co Show less Read more
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