Restaurant Brands Q3 Earnings & Revenues Miss Estimates, Rise Y/Y
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Restaurant Brands International (QSR) reported its Q3 earnings and revenues, which missed estimates but showed a year-over-year increase. The revenue growth was driven by system-wide sales increases at its International and Tim Hortons segments.
November 06, 2024 | 5:15 pm
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Restaurant Brands International's Q3 earnings and revenues missed estimates, but showed a year-over-year increase due to sales growth at International and Tim Hortons.
Despite missing estimates, the year-over-year revenue growth indicates positive momentum in sales, particularly at International and Tim Hortons. This mixed result may lead to a neutral short-term impact on QSR's stock price.
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