A “difficult” economic environment took a bite out of Restaurant Brands International Inc.‘s profit in its most recent quarter as sales fell across three of the company’s brands, but executives say they’ve already seen signs of improvement in October.

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

RCMP have arrested a man suspected of being an unwanted return Tim Hortons customer in two provinces. Mounties say a five-month investigation has led to the arrest of a Medicine Hat man suspected of burglarizing 17 of the coffee and donut restaurants across Alberta and Saskatchewan.

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.

Many consumers are now clinging to the deal-seeking behaviours they adopted when inflation was much higher and letting value menus and special offers guide what they buy.

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