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Burger King Parent Restaurant Brands Gains After Q2 Results - Revenue Shines Amid Bold Future Plans
Restaurant Brands International Inc. (NYSE:QSR) shares are trading higher after the company reported second-quarter results.
The company reported adjusted earnings per share of 86 cents, missing the analyst consensus of 87 cents.
The company reported quarterly revenues of $2.08 billion, beating the street view of $2.026 billion.
Consolidated comparable sales rose by 1.9%, and net restaurants grew by 4.0% compared to the previous year. System-wide sales increased by 5.0% year-over-year.
Income from operations was $663 million, up from $554 million last year, while net income rose to ...