QSR Jan 2025 47.500 call

UPDATE 4-Restaurant Brands tops estimates as Burger King overhaul pays off

Restaurant Brands International beat Wall Street expectations for quarterly results on Tuesday, driven by a revival in demand at its Burger King outlets as well as continued strength at the Tim Hortons chain. Restaurant Brands' U.S. and Toronto-listed shares rose about 1% in early trade. Separately, the company said it would invest an additional $300 million towards modernizing Burger King outlets in the U.S., and provide cash incentives to top performing restaurant operators to support outlet remodels.