HomeBusinessRestaurant Brands International (QSR) Q2 2022 earnings

Restaurant Brands International (QSR) Q2 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California.

Justin Sullivan | Getty Images

Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled by international sales growth at Burger King and the recovery of Tim Hortons’ Canadian locations.

In the U.S., the company said same-store sales were flat at Burger King and Popeyes.

Shares of the company were roughly flat in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: 82 cents adjusted vs. 73 cents expected
  • Revenue: $1.64 billion vs. $1.57 billion expected

Restaurant Brands reported second-quarter net income attributable to shareholders of $236 million, or 76 cents per share, down from $259 million, or 84 cents…

Read more at www.cnbc.com

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