QSR - Burger King Parent Restaurant Brands Eyes Expansion Goals After Q1 Beat: Details | Benzinga
Restaurant Brands International Inc (NYSE:QSR) reported first-quarter FY24 sales growth of 9.4% year-on-year to $1.739 billion, beating the analyst consensus estimate of $1.703 billion.
Consolidated comparable sales increased 4.6%, and net restaurants grew 3.9% versus the prior year. Consolidated system-wide sales increased 8.1%.
Comparable sales for Tim Hortons rose 6.9%, Burger King increased 3.8%, and Popeyes Louisiana Kitchen grew 5.7%.
Revenue for Tim Hortons climbed 5.2% Y/Y, Burger King rose 17.8%, and Popeyes Louisiana Kitchen increased 11.9%.
Adjusted EPS of ...