Tim Hortons' Canadian business was an 'absolute standout' in latest quarter: RBI executive chairman - BNN Bloomberg

📆 03/05/2023 02:30:00
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Restaurant Brands International Inc. Executive Chairman Patrick Doyle said the strong performance of Tim Hortons lifted the company’s performance in the first quarter.

Doyle said in an interview with BNN Bloomberg Tuesday the company reported a 15 per cent increase in system-wide sales from the previous year in itsIn a call with analysts, Doyle alsothat Tim Hortons’ Canadian operations accounted for around 40 per cent of the company’s earnings.

The company reported a 4.2 per cent increase in net restaurants year-over-year. Additionally, it reported a 10.3 per cent gain in comparable sales from the previous quarter across the company’s various brands, including Burger King, Popeyes Louisiana Kitchen and Firehouse Subs.

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Tim Hortons parent Restaurant Brands tops earnings estimates as sales surge - National | Globalnews.caRestaurant Brands International Inc. reported a first-quarter profit of US$277 million, up from US$270 million a year earlier, as its revenue also climbed higher.
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