Restaurant Brands: EPS up 3% in Q2
(CercleFinance.com) - Restaurant Brands International (RBI), the parent company of the Burger King and Tim Hortons banners, reports adjusted EPS of $0.
86 for Q2 2024, up 3.1% organically y-o-y.
Adjusted operating profit rose 9.3% organically to $632m, on revenues up 17.2% to $2.08bn, and systemwide sales up 5% to over $11.2bn.
The balance between thoughtful investment and cost discipline is enabling us to address short-term consumer pressures and deliver sustainable results for our business and franchisees, management said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
86 for Q2 2024, up 3.1% organically y-o-y.
Adjusted operating profit rose 9.3% organically to $632m, on revenues up 17.2% to $2.08bn, and systemwide sales up 5% to over $11.2bn.
The balance between thoughtful investment and cost discipline is enabling us to address short-term consumer pressures and deliver sustainable results for our business and franchisees, management said.
Copyright (c) 2024 CercleFinance.com. All rights reserved.