Outside of the U.S. and Canada, Restaurant Brands' same-store sales climbed 6.1%.
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Restaurant Brands International
on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth.
Here’s what the company reported for the period ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Restaurant Brands reported fourth-quarter net income attributable to shareholders of $113 million, or 34 cents per share, down from $259 million, or 79 cents per share, a year earlier.
Restaurant Brands International reported quarterly earnings and revenue that topped Wall Street's estimates.
The company's international segment was the star of the quarter with 6.5% same-store sales growth.
Restaurant Brands International on Thursday reported mixed quarterly results.
Same-store sales at Taco Bell and KFC rose, while Pizza Hut reported same-store sales fell 1%.
Seth Klarman more than doubled his stake in Restaurant Brands International during the third quarter.
Taco Bell's same-store sales increased 8% in the quarter, fueling the company's outperformance.
