Restaurant Brands International Profit, Revenue Rises
Restaurant Brands International's third-quarter profit rose, thanks to strong contributions from Tim Hortons and its international segment.
The Canadian-American fast-food holding company, which owns Tim Hortons and Burger King, posted net income of $315 million, or 96 cents a share, up from $252 million, or 79 cents a share, in the comparable quarter a year ago.
On an adjusted basis, which excludes one-off costs and exceptional items, earnings came to $1.03 a share. According to FactSet, analysts were expecting $1 a share...
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