Restaurant Brands (QSR) Tops Q2 EPS by 6c
Restaurant Brands (NYSE: QSR) reported Q2 EPS of $0.30, $0.06 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.02 billion.
Three Months Ended June 30, | |||
2015 | 2014 | ||
(unaudited) | |||
Comparable Sales Growth(1) | |||
TH (2) | 5.5% | 2.8% | |
BK | 6.7% | 0.9% | |
System Net Restaurant Growth (NRG) | |||
TH (2) | 52 | 22 | |
BK | 141 | 131 | |
System-wide Sales Growth(1)  | |||
TH (2) | 8.4% | 6.5% | |
BK | 11.6% | 5.4% | |
System-wide Sales (3)(in US$ millions) | |||
TH (2) | $ 1,657.6 | $ 1,702.0 | |
BK | $ 4,406.1 | $ 4,292.9 | |
(1) | Comparable sales growth and system-wide sales growth are calculated on a constant currency basis and include sales at franchise restaurants and company-owned restaurants. |
(2) | TH 2014 second quarter figures are shown for informational purposes only. |
(3) | System-wide sales are driven by sales at franchised restaurants, as approximately 100% of current restaurants are franchised. We do not record franchise sales as revenue; however, our franchise revenues include royalties based on a percentage of franchise sales. |
For earnings history and earnings-related data on Restaurant Brands (QSR) click here.