Burger King, Popeyes Parent RBI Beats Earnings Estimates, Despite 'Consumer Pressures'
Restaurant Brands International(QSR) Investopedia·2024-08-08 14:46
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 ...