Key facts
- Burger King's US comparable sales increased 8.4% in the third quarter.
- Restaurant Brands' overall comparable sales rose 3.8%, beating estimates.
- Adjusted earnings per share were $1.10, compared to $1.03 a year ago.
- Third-quarter revenue was $2.53 billion.
Restaurant Brands International Inc. surpassed Wall Street's comparable sales expectations for the third quarter, as promotional offers and new menu items at its Burger King chain drew more customers. The company is investing up to $700 million through 2028 in its "Reclaim the Flame" plan to improve sales and franchisee profitability. Adjusted earnings per share rose to $1.10 from $1.03 a year earlier, while revenue of $2.53 billion was slightly below estimates.
