Restaurant Brands International Inc. Reports Third Quarter 2024 Results
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Restaurant Brands International Inc. (NYSE: QSR) reported a 3.2% year-over-year increase in consolidated system-wide sales for Q3 2024. The company achieved global comparable sales growth of 0.3%, with notable increases in TH Canada and international markets. RBI is on track for 8%+ organic Adjusted Operating Income growth for 2024.
November 05, 2024 | 12:30 pm
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Restaurant Brands International Inc. reported a 3.2% increase in sales for Q3 2024 and is on track for over 8% growth in organic Adjusted Operating Income for the year.
The reported sales growth and positive outlook for Adjusted Operating Income suggest strong business performance, likely boosting investor confidence and positively impacting QSR's stock price in the short term.
CONFIDENCE 90
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RELEVANCE 100