Key Takeaways Burger King and Popeyes parent Restaurant Brands International reported second-quarter earnings that topped analysts' expectations. The earnings beat came despite a revenue miss, with comparable sales growth slowing from a year ago. CEO Josh Kobza said the company faced "short-term consumer pressures" like much of the industry. Burger King and Popeyes parent Restaurant Brands International (QSR) posted second-quarter earnings that topped analysts' expectations, despite slowing comparable sales ...

Restaurant Brands (QSR) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.18%. A quarter ago, it was expected that this operator of Burger King and Tim Hortons restaurant chains would post earnings of $0.72 per share when it actually produced earnings of $0.73, delivering a surprise ...

EXHIBIT 99 Restaurant Brands International Inc. Reports Second Quarter 2024 Results Consolidated system-wide sales grow +5.0% year-over-year Global comparable sales of +1.9% driven by +4.9% at TH Canada and +2.6% at INTL and stable results at BK US System-wide sales growth and cost discipline drive strong year-over-year growth in consolidated profitability Five franchisor segments deliver year-over-year growth in Adjusted Operating Income RBI closes strategic transactions during the quarter that strengthen ...

SPAIN - 2021/08/06: In this photo illustration, a Burger King logo seen displayed on a smartphone ... [+] with a Restaurant Brands International logo in the background. (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Restaurant Brands International is one of the largest fast-food restaurant chains in the world that operates Burger King, Tim Hortons, Popeyes, and, since late 2021, Firehouse Subs. The company is scheduled to report its ...

Restaurant Brands International Inc. QSR is set to release earnings results for its second quarter, before the opening bell on Aug. 8, 2024. Analysts expect the Toronto, Canada-based company to report quarterly earnings at 87 cents per share. Restaurant Brands is projected to report quarterly revenue of $2.03 billion, according to data from Benzinga Pro. On July 1, Restaurant Brands International announced investments to drive growth in China. Restaurant Brands shares fell 1.7% to close at $70.52 on Wednesd ...

Restaurant Brands (QSR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...

SALUS Fresh Foods SALUS Fresh Foods, an asset light 100% franchised system, has nine (9) established street-front and food court real estate locations in Ontario. "When looking for an acquisition we look for the 3 P's: People, Product and Process. With co-founders Adam and David Spagnuolo of SALUS Fresh Foods, we found exactly that," said Sean Black, Chief Investment Officer of Happy Belly. SALUS Fresh Foods SALUS Fresh Foods Happy Belly will issue such number of common shares of Happy Belly equal in value ...

Toronto, Ontario--(Newsfile Corp. - July 24, 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 it has signed as of July 23rd 2024, an area development agreement for the province of Ontario for the opening of 40 franchised restaurants of Heal Wellness ("Heal"), a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR"). Heal Wellness To view an enhanced version of this gr ...

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/217076_fa432d89d4e9f975_002full.jpg "Opening our newest Heal Wellness franchised location marks another significant step in expanding our footprint in Western Canada. This is our second (2nd) Heal store opening in Western Canada in the past six (6) weeks, with seven (7) other locations under construction throughout Alberta and British Columbia, and eleven (11) in total across Canada," said Sean Black, Chief ...

Clearly, options traders are pricing in a big move for Restaurant Brands shares, but what is the fundamental picture for the company? Currently, Restaurant Brands is a Zacks Rank #3 (Hold) in the Retail - Restaurants industry that ranks in the Top 43% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter f ...