Restaurant Brands International (QSR) PT Lowered to $77 at Stifel

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Restaurant Brands International Inc. Reports Second Quarter 2024 Results

August 8, 2024 6:30 AM EDT

Consolidated system-wide sales grow +5.0% year-over-year
Global comparable sales of +1.9% driven by +4.9% at TH Canada and +2.6% at INTL and stable results at BK US
System-wide sales growth and cost discipline drive strong year-over-year growth in consolidated profitability
Five franchisor segments deliver year-over-year growth in Adjusted Operating Income 
RBI closes strategic transactions during the quarter that strengthen long-term positioning in the US and China

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