Restaurant Brands International Beats Estimates as Popeyes Continues to Shine
Restaurant Brands International (NYSE: QSR), the parent of Burger King, Popeyes Louisiana Kitchen, and Tim Hortons, beat Wall Street's expectations on the top and bottom lines, mostly on the strength of its chicken joint's performance.
Although Popeyes gains were slightly less than what analysts expected, the chain's growth was strong enough to help offset the declines at the burger shack and coffee shop.
Image source: Popeyes Louisiana Kitchen.
Source Fool.com