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Burger King comeback at Restaurant Brands

Published 04/24/2018, 08:57 AM
© Reuters.  Burger King comeback at Restaurant Brands
QSR
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  • Restaurant Brands International (NYSE:QSR) trades higher after same-store sales at Burger King outlets rose 3.8% in Q1 to best the expectation of analysts.
  • The company reports a 3.2% increase in comparable sales for Popeye's and a 0.3% drop at Tim Hortons.
  • The company's adjusted EBITDA was $498M in Q1 vs. $506M a year ago.
  • "We continue to see a lot of growth potential for each of our three brands," says Restaurant Brands CEO Daniel Schwartz.
  • QSR +1.40% premarket to $54.25.
  • Previously: Restaurant Brands beats by $0.10, beats on revenue (April 24)
  • Now read: Will Anyone Come To The Biglari Holdings Annual Meeting?


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