Burger King Parent Restaurant Brands Q4: Earnings Beat, 26% Sales Jump, Popeyes Comps Dip And More

Restaurant Brands International Inc QSR shares are trading higher in premarket on Wednesday.The company reported fourth-quarter sales growth of 26.2% year-on-year to $2.296 billion, beating the analyst consensus estimate of $2.274 billion.Consolidated comparable sales increased 2.5%, and net restaurants grew 3.4% versus the prior year. Consolidated system-wide sales increased 5.6%.Comparable sales for Tim Hortons rose 2.2%, Burger King increased 1.1%, and Popeyes Louisiana Kitchen slipped 0.2%. Revenue for ...