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 year-on-year.

Its adjusted operating profit rose 9.3% organically to $632 million, on revenues up 17.2% to $2.08 billion, and systemwide sales up 5% to over $11.2 billion.

"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," comments CEO Josh Kobza.

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