Burger King parent Restaurant Brands down on Q3 sales miss

Restaurant Brands International

05/11/2024 12:01

** U.S.-listed shares of Restaurant Brands  QSR.N   QSR.TO 
fall ~5% to $66.70 premarket
    ** Posts Q3 sales miss on weak demand across Tim Hortons,
Burger King and international markets including China and the
Middle East
    ** Reports Q3 total revenues of $2.29 bln, below analysts'
expectations of $2.31 billion - data compiled by LSEG
    ** Also posts quarterly adjusted EPS of 93 cents vs. Street
estimates of 95 cents
    ** Up to Monday's close, stock has fallen ~10% YTD

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))