Burger King’s U.S. Comparable Sales Rise 8.4% as Popeyes Falls

Restaurant Brands International posted an 8.4% increase in Burger King’s U.S. comparable sales in its fiscal third quarter, while Popeyes’ U.S. figure fell 2.2%, leaving overall comparable sales up 3.8%. Adjusted earnings, excluding certain noncash items, were $1.10 per share, compared with $1.09 expected. Net revenue rose 3.1% to $2.53 billion, $10 million below the $2.54 billion forecast. Net income attributable to common shareholders was $542 million, or $1.54 per share, compared with $315 million, or 96 cents per share, a year earlier. Burger King’s latest U.S.

Source: TokenPost