RestaurantBrands News & Analysis

Restaurant Brands International Q2 Earnings Beat Expectations

Restaurant Brands International reported Q2 earnings with adjusted earnings per share of $1.07, exceeding expectations of $1.03. Revenue reached $2.52 billion, which met analyst predictions. The company's net income rose to $507 million, or $1.45 per share, compared to $189 million, or 57 cents per share a year earlier. Burger King's U.S. same-store sales climbed 8.5%, showing a strong performance compared to rival McDonald's 0.8% growth. This growth reflects the success of their marketing and renovations, which could indicate a positive trend for investors in Restaurant Brands (QSR).