financetom
Business
financetom
/
Business
/
Restaurant Brands beats quarterly revenue estimates on resilient demand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Restaurant Brands beats quarterly revenue estimates on resilient demand
Aug 8, 2024 4:07 AM

Aug 8 (Reuters) - Restaurant Brands International

beat Wall Street expectations for

second-quarter revenue on Thursday, as its Tim Hortons and

Burger King outlets enjoyed steady demand despite a wider

slowdown in the U.S. fast-food sector.

The company reported second-quarter revenue of $2.08

billion, compared with analysts' average estimate of $2.02

billion, according to LSEG data.

(Reporting by Juveria Tabassum; Editing by Devika Syamnath)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Medical Properties Trust Prioritizes California Investments in Prospect Medical Group Chapter 11
Medical Properties Trust Prioritizes California Investments in Prospect Medical Group Chapter 11
Jan 13, 2025
05:01 AM EST, 01/13/2025 (MT Newswires) -- Medical Properties Trust ( MPW ) said Sunday that it is prioritizing the protection of its investments in Prospect Medical Group's California hospitals as Prospect commences Chapter 11 bankruptcy restructuring. While Prospect's California facilities have reported volume growth and improved coverage trends in 2024, its overall liquidity has been adversely impacted by stalled...
Molecular Partners Expands Clinical Collaboration With Orano Med to Add 6 Targeted Alpha Radio-Therapies for Cancer
Molecular Partners Expands Clinical Collaboration With Orano Med to Add 6 Targeted Alpha Radio-Therapies for Cancer
Jan 13, 2025
05:26 AM EST, 01/13/2025 (MT Newswires) -- Molecular Partners AG ( MOLN ) expanded its strategic collaboration with Orano Med to include the development of an additional six targeted alpha radio-therapies for cancer, the companies said Sunday. The companies entered into an initial agreement in January 2024 to co-develop four programs. Under the expanded collaboration, Molecular Partners ( MOLN )...
Lilly sues two medical spas over copycat weight-loss drugs
Lilly sues two medical spas over copycat weight-loss drugs
Jan 13, 2025
Jan 13 (Reuters) - Eli Lilly ( LLY ) said on Monday it has sued two medical spas for selling unapproved products claiming to contain tirzepatide, the main ingredient in its popular weight-loss medicine Zepbound. The new lawsuits name Thrive Health and Wellness LLC and Valhalla Vitality LLC. Lilly said the companies were selling unapproved drugs and making false claims...
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal, companies say
Jan 13, 2025
WASHINGTON (Reuters) -The Biden administration delayed until June an order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday, giving them some time to revive the politically contentious deal. President Joe Biden blocked the acquisition on national security grounds on Jan. 3, and Treasury Secretary Janet Yellen said this week the proposed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved