Restaurant Brands International Inc. (NYSE:QSR) on Wednesday posted stronger-than-expected quarterly results.
The company reported first-quarter adjusted earnings per share of 86 cents, beating the analyst consensus estimate of 82 cents. Quarterly sales of $2.264 billion outpaced the Street view of $2.240 billion.
Restaurant Brands expects 2026 segment G&A expenses, excluding Restaurant Holdings, to range between $600 million and $620 million, while Restaurant Holdings adjusted operating income is projected at approximately $10 million to $20 million.
Josh Kobza, Chief Executive Officer of RBI commented, “We delivered a strong start to the year, converting solid topline results into double-digit earnings growth while returning capital to shareholders through the resumption of share repurchases and our growing dividend. Tim Hortons and International each …
This post was originally published here
