Restaurant Brands beats quarterly revenue estimates
Feb 12 (Reuters) - Restaurant Brands QSR.TO on
Wednesday topped market expectations for quarterly revenue,
helped by strong demand for value meals at its Burger King chain
and strength in its Tim Hortons coffee outlets.
The company reported fourth-quarter revenue of $2.30
billion, compared with analysts' average estimate of $2.28
billion, according to data compiled by LSEG.
(Reporting by Juveria Tabassum in Bengaluru; Editing by
Shinjini Ganguli)
((Juveria.Tabassum@thomsonreuters.com;))
Recent news on Restaurant Brands International
See all newsOlive Garden parent Darden Restaurants forecasts annual profit below estimates on higher costs
Brief: Restaurant Brands International Announces Election Of Directors
Press Digest: Canada - May 25
Press Digest: Canada - May 7
Burger King-parent Restaurant Brands beats quarterly same-store sales estimates (updated)