Tim Hortons

Financing

Popeyes sales took a hit last quarter

The chicken chain’s same-store sales declined 4.9% in the U.S. last quarter, but sister chain Burger King’s same-store sales rose 2.6%.

Financing

Burger King's sales accelerated last quarter

The fast-food chain’s same-store sales rose 3.2% last quarter despite a tough market for the quick-service sector. Firehouse Subs and Tim Hortons also saw improved sales, but Popeyes lagged.

The Bottom Line: The executive chairman of Restaurant Brands International acknowledges that some of the fast-food sector’s issues were “self-inflicted,” but he’s seeing signs of progress.

With celebrity partnerships, a stable management team, management improvements and a better Canadian economy, the fast-food chain keeps generating strong sales.

The fast-food chain’s parent company, Restaurant Brands International, wants to get to 5% unit growth for its concepts by 2028. To do that, it must get its flagship chain on track in the world’s biggest growth market.

An influx of people into the country has reset the coffee-and-doughnut chain’s growth expectations there. But can it also grow in the U.S.?

The Mexican chain’s same-store sales rose 4% last quarter. But a host of other brands reported falling sales amid a difficult environment.

The coffee chain, which had been expanding aggressively in the country, has seen sales plunge there amid growing competition.

Restaurant Brands International is also making a big investment in Tims China, which operates Tim Hortons in the fast-growing country.

Sales were positive at Restaurant Brands International concepts, including Tim Hortons, Popeyes and Firehouse Subs. At Burger King, operator profitability increased 46%.

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