Election Day yielded mixed results for the restaurant industry. Voters overwhelmingly defeated a ballot initiative in Massachusetts to phase out the state’s tip credit but buried an unusual proposal ...
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners ...
While its Burger King and Popeyes Louisiana Kitchen divisions encountered traffic and sales headwinds in the second quarter, Restaurant Brands International Inc.’s Tim Hortons brand enjoyed a boost ...
Restaurant Brands International reported a decline in third-quarter profit due to higher costs, while Tim Hortons and its international markets helped drive sales growth.
With Tim Hortons and its foreign division generating 70% of profits, Restaurant Brands reiterated its goal of increasing adjusted operating income by at least 8% in 2024. This article first appeared ...