Restaurant Brands: Falls on profit miss, Q2 warning

Carrols Restaurant

01/05/2020 15:53

** Burger King, Popeyes operator's shares  QSR.N   QSR.TO 
fall ~4% 
    ** Co says pandemic hit on Q2 results will be "more
significant" than seen in Q1, which included the last two weeks
of March 
    ** Reports fall in Q1 comparable store sales for Burger King
and Tim Hortons, Popeyes same-store sales surge on chicken
sandwich demand  urn:newsml:reuters.com:*:nL4N2CJ1RK 
    ** Shares of Burger King franchisee Carrols Restaurant Group
 TAST.O  fall ~3% to $2.5  
    ** QSR down ~25% so far this year including session's gains,
TAST has lost nearly half of its value 

 (Reporting by Nivedita Balu in Bengaluru)
 ((Nivedita.Balu@thomsonreuters.com; within U.S. +1 646 223
8780; outside U.S. +91 80 6749 4822/ Twitter: @niveditabalu;))