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Stock impact report

Restaurant Brands beats quarterly sales estimates on improving fast-food demand [Yahoo! Finance Canada]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Like most major fast-food chains, including Yum Brands and McDonald's, Burger King has also introduced value-meal deals starting at $5 to boost foot traffic as consumer spending in the U.S. sees a decline amid concerns over tariff-related impact. Restaurant Brands posted quarterly revenue of $2.41 billion, beating analysts' estimates of $2.32 billion, according to data compiled by LSEG. However, its adjusted profit of 94 cents per share missed analysts' estimates of 97 cents, owing to increased advertising expenses coupled with higher costs from supply chain and commodities such as beef and coffee. McDonald's beat quarterly global same-store sales estimates on the back of increased affordable meal bundles and promotions, while Taco Bell parent Yum Brands took a hit from muted spending. Quarterly same-store sales at Burger King outlets in the U.S., the company's biggest revenue-generating region, rose 1.5%, compared to a 0.1% increase a year ago. Increased marketing investme Show less Read more
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