Tim Hortons parent company Restaurant Brands Q2 profit and revenue up from year ago

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 91 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 54%
  • Publisher: 63%

Tim Hortons News

Diluted Share,Parent Company,Restaurant Brands

TORONTO — Restaurant Brands International Inc. reported its second-quarter profit and revenue rose compared with a year ago.

The parent company of Tim Hortons and other restaurants, which keeps its books in U.S. dollars, says its net income totalled US$399 million or 88 cents US per diluted share in its latest quarter.Revenue for the quarter ended June 30 totalled US$2.08 billion, up from US$1.78 billion in the same quarter last year, while consolidated comparable sales rose 1.9 per cent.

On an adjusted basis, the company says it earned 86 cents US per diluted share in its latest quarter, up from an adjusted profit of 85 cents US per diluted share a year ago.In addition to Tim Hortons, Restaurant Brands owns Burger King, Popeyes and Fire House Subs.Aidan Gallagher, David Castañeda, and Ritu Arya speak to Yahoo UK about the complicated romantic plot for Five, Lila and Diego in the Netflix show's new season.

A new chief executive takes over at Boeing on Thursday, and he plans to walk the floor of the factory near Seattle that has become the heart of the aerospace giant's troubles. Robert “Kelly” Ortberg takes over a money-losing company that has agreed to plead guilty to conspiracy to commit fraud, is struggling fix its aircraft-manufacturing process, and can’t bring two astronauts home from the International Space Station because of flaws in a spacecraft it built for NASA.

Maude Charron's journey after her weightlifting gold in Tokyo included a "princess" knee, the elimination of her weight class from the Olympic Games and a coaching change.China's MingYang Smart Energy, Italian energy firm Renexia and Italy's industry ministry have signed an agreement to set up a wind turbine manufacturing plant, the ministry said on Thursday.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a loss of $26.2 million in its latest quarter compared with a loss of $53.7 million a year earlier.NEWTON, Mass. & PETACH TIKVA, Israel, August 08, 2024--CyberArk , the identity security company, today announced that SAP Enterprise Cloud Services will implement CyberArk to secure privileged and sensitive access to their cloud services with zero standing privileges, protecting client data and allowing for easier auditing.

 

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:

 /  🏆 47. in US

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