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.
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,
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.
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 falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company’s acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.
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 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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Restaurant Brands International Shares Fall on Downgraded 2024 Targets, 3Q Misses
The Canadian-American fast food company reported revenue that rose to $2.29 billion from $1.84 billion in the third quarter, a figure that includes its acquisitions of Carrols Restaurant Group and ...
Restaurant Brands Earnings: What To Look For From QSR
Fast-food company Restaurant Brands International (NYSE:QSR) will be reporting earnings tomorrow morning. Here’s what ...
Morgan Stanley Reaffirms Their Hold Rating on Restaurant Brands International (QSR)
In a report released today, Brian Harbour from Morgan Stanley maintained a Hold rating on Restaurant Brands International (QSR – Research ...
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