Restaurant Brands International (TSX:QSR, NYSE:QSR) reported better-than-expected financial results for the first quarter, supported by international expansion and continued improvement in its Burger King US operations. Despite the earnings beat, shares fell 5.5% on weakness in its Popeyes...
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The fast-food parent posted adjusted EPS of 86 cents and revenue of $2.26 billion, both above Wall Street expectations
Burger King-owner Restaurant Brands International reported sharply higher profit and rising revenue in the first quarter.
Investing.com -- Restaurant Brands International reported first-quarter earnings per share of $0.86, topping analyst estimates of $0.83. Revenue came in at $2.26 billion, against a consensus estimate of $2.24 billion.
The fast-food burger sector has faced economic challenges over the last year that have led major chains, such as A&W Restaurants, to close locations. A significant issue for burger chains was mixed sales results over the last year. The leading fast-food burger chain is enjoying another year of ...
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Domino's Pizza Inc. (NASDAQ: DPZ) shares fell after a rare double miss on revenue and earnings revealed a growing delivery deficit. While the market remains fixated on the headline miss, the real story is a sharp decline in delivery demand that is forcing a shift in how Americans buy pizza. This trend led management to slash guidance and sparked a debate: Is this a value trap or a strategic entry point.
The restaurant group has also appointed Arlie Sisson as its new chief digital officer.