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Burger King Parent Restaurant Brands Eyes Expansion Goals After Q1 Beat: Details

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 ...