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00:02Restaurant Brands International reported mixed third quarter results Thursday
00:06as strong U.S. sales at Burger King offset continued weakness at Popeye's, according to CNBC.
00:13The company reported adjusted earnings of $1.10 per share on revenue of $2.53 billion,
00:20compared with analyst expectations of $1.09 per share and $2.54 billion, respectively.
00:27Revenue rose 3.1 percent, while company-wide same-store sales increased 3.8 percent.
00:35Burger King's U.S. same-store sales jumped 8.4 percent,
00:39amid a multi-year turnaround focused on improving food and restaurants.
00:43Popeye's U.S. same-store sales declined 2.2 percent,
00:47as competition from discounted chicken offerings continued to pressure the chain.
00:51Tim Hortons reported 1.8 percent same-store sales growth in Canada,
00:56while international same-store sales rose 3.9 percent.
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