Tim Hortons food and beverages
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Burger King parent reports stronger-than-expected sales growth on resilient demand
Reuters· 2025-10-30 10:32
Core Insights - Restaurant Brands reported third-quarter comparable sales that exceeded estimates, driven by strong customer traffic at its chains, Burger King and Tim Hortons [1] Company Performance - The company experienced resilient traffic at its restaurant chains, which contributed to the positive sales performance in the third quarter [1]
Restaurant Brands earnings miss as Burger King, Popeyes and Tim Hortons post same-store sales declines
CNBC· 2025-05-08 10:47
Core Insights - Restaurant Brands International reported quarterly earnings and revenue that fell short of analysts' expectations, with same-store sales for Popeyes, Burger King, and Tim Hortons declining [1] - The company's shares dropped over 2% in premarket trading following the earnings report [1] Financial Performance - The first-quarter net income attributable to shareholders was $159 million, or 49 cents per share, a decrease from $230 million, or 72 cents per share, in the same quarter last year [1] - Excluding items, the adjusted earnings per share were 75 cents, compared to the expected 78 cents [2][3] - Net sales increased by 21% to $2.11 billion, but this was below the expected $2.13 billion [2][3]