Restaurant Brands International (NYSE:QSR) Stock Keeps "Hold" Rating at TD Cowen
- On Thursday, Restaurant Brands International reported mixed quarterly results, with net income rising to $542 million as Burger King's strong performance offset Popeyes' struggles.
- Burger King led growth with same-store sales rising 8.4% amid a multiyear turnaround effort, while Popeyes reported a 2.2% decline facing intense competitive pressure from rival operators.
- Restaurant Brands reported revenue of $2.53 billion, up 3.1%, while Tim Hortons saw 1.8% same-store sales growth in Canada; adjusted earnings reached $1.10 per share, exceeding analyst expectations of $1.09.
- To address the significant drag on results, Restaurant Brands is launching turnaround initiatives at Popeyes focused on streamlining restaurant operations and emphasizing core menu offerings.
- Consolidated same-store sales grew 3.8% across all restaurants for the quarter ended Sept. 30, reflecting strength in international segments that helped offset domestic market weaknesses.
31 Articles
31 Articles
Aecon reports third quarter 2026 results
TORONTO, Oct. 29, 2026 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the third quarter of 2026, including the highest reported backlog in the history of Aecon. “Third quarter performance demonstrated the results of Aecon’s powerful and consistent operating model with revenue increasing 26% and Adjusted EBITDA […]
The Independent
The Independent (US)Is Burger King’s turnaround working? It just might be
Burger King’s U.S. sales are booming amid menu changes
TFI International Announces 2026 Third Quarter Results
Operating income increased 17% to $180.0 million from $153.3 million in the same prior year quarterNet income increased 25% to $105.7 million from $84.7 million in Q3 2025, while adjusted net income1 increased 38% to $137.3 million from $99.1 million…
Restaurant Brands International (RBI) announces on Thursday that its third quarter profit has increased compared to last year, thanks in particular to the good results of its brands Burger King and Tim Hortons.
Coverage Details
Bias Distribution
- 61% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
