Workflow
Restaurant Brands International(QSR)
icon
Search documents
Burger King owner Restaurant Brands International disappoints as sales growth slows
Proactiveinvestors NA· 2024-11-05 17:43
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Compared to Estimates, Restaurant Brands (QSR) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-05 15:36
Restaurant Brands (QSR) reported $2.29 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 24.7%. EPS of $0.93 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of -0.46% over the Zacks Consensus Estimate of $2.3 billion. With the consensus EPS estimate being $0.94, the EPS surprise was -1.06%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Restaurant Brands (QSR) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-05 13:51
Restaurant Brands (QSR) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.06%. A quarter ago, it was expected that this operator of Burger King and Tim Hortons restaurant chains would post earnings of $0.85 per share when it actually produced earnings of $0.86, delivering a surprise ...
Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
CNBC· 2024-11-05 11:46
A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. - the parent company of BK- in new and existing markets.Restaurant Brands International on Tuesday reported quarterly revenue that missed analysts' expectations as domestic same-store sales growth for all four of its chains fell short of estimates.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings ...
Restaurant Brands International(QSR) - 2024 Q3 - Quarterly Results
2024-11-05 11:33
EXHIBIT 99 Restaurant Brands International Inc. Reports Third Quarter 2024 Results Consolidated system-wide sales grow +3.2% year-over-year Global comparable sales of +0.3%, including +2.7% at TH Canada and +1.8% at INTL Five franchisor segments deliver year-over-year growth in Adjusted Operating Income RBI on track to deliver 8%+ organic Adjusted Operating Income growth for 2024 Toronto, November 5, 2024 - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financi ...
Restaurant Brands International Inc. Reports Third Quarter 2024 Results
Prnewswire· 2024-11-05 11:30
Consolidated system-wide sales grow +3.2% year-over-yearGlobal comparable sales of +0.3%, including +2.7% at TH Canada and +1.8% at INTLFive franchisor segments deliver year-over-year growth in Adjusted Operating IncomeRBI on track to deliver 8%+ organic Adjusted Operating Income growth for 2024    TORONTO, Nov. 5, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the third quarter ended September 30, 2024. Josh Kobza, Chi ...
Happy Belly Signs Definitive Agreement to Acquire 50% of SALUS Fresh Foods QSR Restaurant Chain
Newsfile· 2024-11-01 10:55
Toronto, Ontario--(Newsfile Corp. - November 1, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce that further to its news release on July 29th, 2024 announcing the signing of a binding agreement to acquire 50% of the SALUS ("Salus") Fresh Foods Restaurant Chain, it has now signed the definitive agreement for the acquisition. Preparations for close are underway with an anticipated close date ...
Exploring Analyst Estimates for Restaurant Brands (QSR) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-31 14:20
Wall Street analysts expect Restaurant Brands (QSR) to post quarterly earnings of $0.94 per share in its upcoming report, which indicates a year-over-year increase of 4.4%. Revenues are expected to be $2.3 billion, up 25.3% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclosur ...
Restaurant Brands (QSR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-10-29 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Restaurant Brands (QSR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Nov ...
Restaurant Brands: Poised For Strong Growth Acceleration, With Attractive Valuation
Seeking Alpha· 2024-10-21 11:30
Restaurant Brands (NYSE: QSR ) includes many well-known restaurant chains such as Tim Hortons, Burger King, Popeyes and Firehouse Subs. Restaurant Brands was founded in 2014 when Canadian Tim Hortons was acquired by Burger King. More recently, in 2017, it acquired Popeyes, which is mainlyI'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the com ...