The move, first announced during the company’s earnings call on Feb. 14, comes as Joshua Kobza, the current chief operating officer, is set to take over as chief executive officer on March 1. Kobza will take over from current chief executive José Cil and inherit day-to-day leadership of the company that also owns the Burger King, Popeyes Louisiana Kitchen and Firehouse Subs brands.
The announcement on earnings reporting per restaurant also comes as a group of franchisees decided to go public with Executive chairman Doyle had said the company now publicly reporting on franchisee profitability annually will “elevate our accountability to our franchisees even further.” He blamed the drop in profitability on commodity cost spikes, “generationally high inflation” and the lingering impacts of the pandemic on store traffic.
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مصدر: financialpost - 🏆 7. / 85 اقرأ أكثر »
'Holding ourselves accountable': Tim Hortons' parent RBI to start releasing earnings per restaurantTim Hortons owner RBI said it will provide more transparency on earnings as Tims franchisees went public with cost complaints. Read on.
مصدر: nationalpost - 🏆 10. / 80 اقرأ أكثر »
Room to grow earnings at Tim Hortons, Burger King, Popeyes and Firehouse Subs, top executive saysThe new executive chairman of Restaurant Brands International Inc. has laid out a sweeping vision for the fast-food giant’s four chains, with plans to borrow from his winning playbook as CEO of Domino’s Pizza 'Room to grow earnings at Tim Hortons, Burger King, Popeyes and Firehouse Subs, top executive says' Is Godfather PierrePoilievre of their traditional conservative customer base misrepresenting their financial straits or does it simply mean they ring up credit card debt at till?
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