Restaurant Brands International Shares Fall on Downgraded 2024 Targets, 3Q Misses
The Canadian-American fast food company reported revenue that rose to $2.29 billion from $1.84 billion in the third quarter, a figure that includes its acquisitions of Carrols Restaurant Group and Popeyes China, but fell short of an expected rise to $2.32 billion, according to FactSet.
Restaurant Brands International reported mixed third-quarter results with a slight revenue miss but robust international ...
The Mexican chain’s same-store sales rose 4% last quarter. But a host of other brands reported falling sales amid a difficult ...
Restaurant Brands International Inc. closed C$15.28 short of its 52-week high of C$112.12, which the company achieved on ...
Fast-food chains like McDonald's, KFC, and Burger King face declining sales in the US as rising prices deter customers.
Parent company Restaurant Brands International has driven strong growth outside the U.S. But it has struggled to gain traction in the ...
Rising fast-food prices over the past year have prompted consumers to cook cheaper meals at home and avoid eating out, ...
Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim ...
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