Published

Tim Hortons parent Restaurant Brands misses sales estimates on muted demand

  • Restaurant Brands International Inc. Reported a profit of 79 cents US per diluted share for the quarter ended September 30, unchanged from the previous year.
  • Revenue for the company reached US$2.29 billion, an increase from US$1.84 billion a year earlier.
  • Chief Executive Joshua Kobza noted that Firehouse Subs could not counter industry challenges, while Popeyes lacked consumer-desired offers.
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