UPDATE 1-Burger King-parent Restaurant Brands beats quarterly same-store sales estimates

ريسترانت براندز إنترناشيونال
ريسترانت براندز إنترناشيونال

Restaurant Brands International, Inc.

QSR

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Restaurant Brands International, Inc.

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Adds background

- Restaurant Brands International QSR.TO on Wednesday edged past expectations for quarterly overall same-store sales growth, helped by resilient demand at its Burger King chain.

Fast-food chains in the U.S. have increased value offerings as they try to woo budget-conscious consumers facing higher costs of living.

Taco Bell-parent Yum Brands YUM.N also beat quarterly estimates last week, helped by its value offerings .

Fast-food giant McDonald's MCD.N reports results on Thursday.

Restaurant Brands reported an overall same-store sales rise of 3.2% for the first quarter, compared with estimates of about 3% growth, according to data compiled by LSEG.