UPDATE: Restaurant Brands (QSR) Tops Q1 EPS by 1c
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Restaurant Brands (NYSE: QSR) reported Q1 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $1 billion versus the consensus estimate of $989.88 million.
Consolidated Operational Highlights
Three Months Ended March 31, | |||||
2017 | 2016 | ||||
(unaudited) | |||||
Comparable Sales Growth(1) | |||||
TH | (0.1)% | 5.6% | |||
BK | (0.1)% | 4.6% | |||
PLK(2) | (0.2)% | 1.6% | |||
Net Restaurant Growth(3) | |||||
TH | 4.6% | 3.2% | |||
BK | 5.1% | 4.3% | |||
PLK(2) | 5.8% | 6.4% | |||
System Restaurant Count at Period End | |||||
TH | 4,644 | 4,438 | |||
BK | 15,768 | 15,008 | |||
PLK(2) | 2,743 | 2,592 | |||
System-wide Sales Growth(1) | |||||
TH | 3.3% | 7.9% | |||
BK | 6.2% | 10.0% | |||
System-wide Sales(4)(in US$ millions) | |||||
TH | $ | 1,514.0 | $ | 1,424.7 | |
BK | $ | 4,477.0 | $ | 4,236.8 | |
For earnings history and earnings-related data on Restaurant Brands (QSR) click here.
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