Burger King Parent Restaurant Brands Posts Better-Than-Expected Q2 Earnings

Restaurant Brands International Inc. QSR posted better-than-expected earnings for its fiscal second quarter on Tuesday as the restaurant operator focused on menu innovations and boosted its marketing spend. The Toronto-based parent of Burger King, Tim Horton, Popeyes and Firehouse Subs had net income of $351 million, or 77 cents a share, for the quarter, up from $346 million, or 76 cents a share, in the year-earlier period.

QSR posted better-than-expected earnings for its fiscal second quarter on Tuesday as the restaurant operator focused on menu innovations and boosted its marketing spend. The Toronto-based parent of Burger King, Tim Horton, Popeyes and Firehouse Subs had net income of $351 million, or 77 cents a share, for the quarter, up from $346 million, or 76 cents a share, in the year-earlier period. Adjusted per-share earnings came to 85 cents, ahead of the 76 cent FactSet consensus. Revenue rose to $1.

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Fuente: Variety - 🏆 108. / 63 Leer más »