Restaurant Brands: EPS Misses Estimates
Restaurant Brands International reported mixed third-quarter results with a slight revenue miss but robust international growth.
Restaurant Brands' sales miss expectations, comparable sales soften
Looking ahead to 2024, QSR continues to expect adjusted interest expense between $565M and $575M and consolidated capital expenditures of ~$300M. SG&A, including the new segment, is expected to range between $640M to $650M, including share-based compensation and non-cash incentive compensation expense between $170M and $175M.
Burger King parent Restaurant Brands misses sales estimates on muted demand
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.
Tim Hortons parent Restaurant Brands misses analysts’ estimates as demand slows
Net earnings fell slightly to US$357-million in the third quarter while revenue grew to US$2.29-billion, but both fell short of consensus
Restaurant Brands’ Sales Miss on Burger King, Popeyes Slump
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners grappling with elevated costs.
Burger King parent Restaurant Brands falls short of third-quarter revenue expectations
Net sales climbed 24.7%, largely thanks to the company’s acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.
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Restaurant Brands International Inc. (NYSE:QSR) Q3 2024 Earnings Call Transcript
Restaurant Brands International Inc. (NYSE:QSR) Q3 2024 Earnings Call Transcript November 5, 2024 Restaurant Brands ...
Restaurant Brands price target lowered to $90 from $95 at RBC Capital
RBC Capital analyst Christopher Carril lowered the firm’s price target on Restaurant Brands (QSR) to $90 from $95 but keeps an Outperform ...
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Dine Brands Q3 Earnings Surprise Amid Weak Applebee's And IHOP Sales; Q4 Strategy In Focus
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Dine Brands wants to open a dozen IHOP-Applebee’s units in the US next year
While the eye-catching new units promise greater profits, they can’t solve the sales pressure that both brands currently face ...
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Revealed: The restaurant brands that are driving Americans back to shopping malls
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First domestic Applebee's/IHOP dual-brand restaurant headed to Seguin
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MarketAxess: Q3 Earnings Snapshot
The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share. The operator of bond trading platforms posted revenue of $206.7 million in the period, ...