Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.
Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.
Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as domestic same-store sales growth for all four of its chains fell short of Wall Street estimates.
Restaurant Brands International beat Wall Street expectations for second-quarter revenue on Thursday, benefiting from steady demand at its Tim Hortons coffee outlets even as Burger King stutters in the midst of an overhaul.
Burger King owner Restaurant Brands International topped estimates for its fourth-quarter earnings and revenue.
Restaurant Brands International on Friday reported weaker-than-expected quarterly revenue, hurt by Burger King’s disappointing same-store sales growth.