Restaurant Brands (QSR) gains following positive Q2 momentum

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Restaurant Brands (QSR) Tops Q2 EPS by 9c

August 8, 2023 6:34 AM EDT

Restaurant Brands (NYSE: QSR) reported Q2 EPS of $0.85, $0.09 better than the analyst estimate of $0.76. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.74 billion.

For earnings history and earnings-related data on Restaurant Brands (QSR) click here.

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Burger King revival powers Restaurant Brands' Q2 results beat

August 8, 2023 6:33 AM EDT

By Deborah Mary Sophia

(Reuters) -Restaurant Brands International topped market estimates for quarterly results on Tuesday, signaling its Burger King turnaround plans were bearing fruit, with the chain drawing more customers through improved marketing and new technology at its outlets.

Having previously struggled to drive sales in the U.S., Burger King is now ramping up investments in restaurant remodels, advertising and new equipment, with plans to add new fryers, broilers and toasters to kitchens over the next six quarters to boost service speed.... More