Restaurant Brands: EPS Misses Estimates
Restaurant Brands International reported mixed third-quarter results with a slight revenue miss but robust international growth.
Restaurant Brands' sales miss expectations, comparable sales soften
Looking ahead to 2024, QSR continues to expect adjusted interest expense between $565M and $575M and consolidated capital expenditures of ~$300M. SG&A, including the new segment, is expected to range between $640M to $650M, including share-based compensation and non-cash incentive compensation expense between $170M and $175M.
Burger King parent Restaurant Brands misses sales estimates on muted demand
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
Restaurant Brands Analysts Trim Forecasts After Q3 Sales Miss
Shares of Restaurant Brands slid after the company reported downbeat Q3. Analysts cut price targets but see potential for earnings support next year.
Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
Restaurant Brands International on Tuesday reported quarterly revenue that missed analysts' expectations as domestic same-store sales growth for all four of its chains fell short of estimates.Here's what the company reported compared with what Wall Street was expecting,
Tim Hortons parent Restaurant Brands misses analysts’ estimates as demand slows
Net earnings fell slightly to US$357-million in the third quarter while revenue grew to US$2.29-billion, but both fell short of consensus
Burger King Parent Restaurant Brands Stock Slips On Q3 Earnings Miss; On Track To Deliver 8%+ System-Wide Sales Growth
Restaurant Brands' stock drops after Q3 earnings miss, despite confidence in achieving 8%+ operating income growth for 2024 and beyond.
Burger King, KFC owners take sales hit as fast-food spending tapers
Nov 5 (Reuters) - Burger King parent Restaurant Brands (QSR.TO), opens new tab and KFC owner Yum Brands (YUM.N), opens new tab missed market estimates for quarterly results on Tuesday, hit by ...
Burger King Parent’s Results Fall Short; ‘We Need to Provide Better Value’
Burger King's parent company said it needs to offer better value to cash-strapped diners, as a tough consumer environment weighed on sales. Restaurant Brands International’s adjusted third-quarter earnings and sales came in slightly below consensus expectations.
Restaurant Brands’ Sales Miss on Burger King, Popeyes Slump
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners grappling with elevated costs.
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Craveworthy positions as master franchisee for global brands looking for U.S. growth
The multi-brand platform and parent of BD's Mongolian Grill has created a joint venture called Global Taste Brands to open ...
Restaurant Brands price target lowered to $90 from $95 at RBC Capital
RBC Capital analyst Christopher Carril lowered the firm’s price target on Restaurant Brands (QSR) to $90 from $95 but keeps an Outperform ...