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Burger King parent Restaurant Brands beats revenue estimates on strong demand
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Burger King parent Restaurant Brands beats revenue estimates on strong demand
Feb 12, 2025 4:04 AM

Feb 12 (Reuters) - Restaurant Brands on

Wednesday topped market expectations for quarterly revenue,

helped by strong demand for value meals at its Burger King chain

and strength in its Tim Hortons coffee outlets.

Value offers from fast food chains over the past six months

have helped attract price-conscious consumers. Burger King, like

McDonald's and Taco Bell-parent Yum Brands ( YUM ), has been

offering combo options for as less as $5 and $7.

The company's Tim Hortons chain has benefited from several

quarters of strong growth in revenue, particularly in Canada.

The company reported fourth-quarter revenue of $2.30

billion, compared with analysts' average estimate of $2.28

billion, according to data compiled by LSEG.

(Reporting by Juveria Tabassum in Bengaluru; Editing by

Shinjini Ganguli)

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