News Formal

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

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 50%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: GlobalNational - 🏆 81. / 51 Read more »