00:00It's Benzinga bringing Wall Street to Main Street.
00:02Restaurant Brands International reported quarterly earnings and revenue that exceeded expectations,
00:07driven by strong international growth, according to CNBC. The company reported adjusted earnings
00:13of $0.96 per share on $2.47 billion in revenue, exceeding expectations of $0.95 per share and
00:21$2.41 billion. Net sales rose 7.4 percent, and organic revenue increased 6.5 percent.
00:28Same-store sales grew 3.1 percent, driven by 6.1 percent growth outside the U.S. and Canada.
00:35Restaurant Brands plans to revive Popeyes after appointing Peter Perdue to lead its U.S. and
00:40Canadian business and naming Matt Rubin as Chief Marketing Officer. The company formed a joint
00:46venture for Burger King China and will outline growth plans at its February 26th Investor Day.
00:51For all things money, visit Benzinga.com.
Comments