UPDATE 1-Restaurant Brands profit beats on higher demand at Burger King [Reuters]
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: Reuters
Restaurant Brands profit beats on higher demand at Burger King | Reuters Reuters Staff 2 Min Read (Reuters) - Burger King owner Restaurant Brands International Inc ( QSR.TO ) reported a better-than-expected first-quarter profit on Tuesday as more diners visited its fast food restaurants. Restaurant Brands, which also owns popular Canadian chain Tim Hortons, has been offering cheaper-priced meals and more breakfast and coffee items to attract customers in a highly competitive fast food industry. Same-store sales at Burger King rose 3.8 percent for the three months ended March 31, under its new accounting standards. Analysts on average had expected same-store sales to rise 3.5 percent, according to Thomson Reuters data. Net income attributable to shareholders rose to $151 million, or 60 cents per share, in the three months ended March 31 from $50.2 million, or 21 cents per share, a year earlier. Excluding items, Restaurant Brands posted earnings of 66 cents per share, beating analysts
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QSR
Earnings
- 2/13/24 - Beat
QSR
Sec Filings
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- QSR's page on the SEC website