Restaurant Brands International (TSE:QSR) has released an update.
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Restaurant Brands International reported a 3.2% increase in system-wide sales for the third quarter of 2024, signaling growth in their franchisor segments and an organic rise in adjusted operating income. Despite a slight dip in income from operations, the company remains confident in achieving its 8% growth target for the year. The resilience of their business strategy is evident in their consistent earnings per share and improved franchisee profitability.
For further insights into TSE:QSR stock, check out TipRanks’ Stock Analysis page.
