UPDATE 2-Burger King-owner Restaurant Brands beats fourth-quarter sales estimates

Restaurant Brands International, Inc. +1.97%

Restaurant Brands International, Inc.

QSR

76.58

+1.97%

Adds details in paragraph 6-8

Feb 12 (Reuters) - Restaurant Brands QSR.N QSR.TO reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.

Value-focused menus continue to attract budget-conscious diners, as fast‑food chains lean into affordability while pricier rivals struggle.

The company's Burger King chain introduced '2 for $5' and '3 for $7' value meal offers over the last year.

McDonald's MCD.N also topped estimates for its fourth-quarter global comparable sales and profit on Wednesday, helped by meal deals and strong marketing promotions.

Same-store sales at its Burger King outlets in the U.S. rose 2.6% for the quarter, compared with analysts' expectations of a 1.5% rise.

It posted an adjusted profit of 96 cents per share for the quarter, topping estimates of 95 cents per share, according to data compiled by LSEG.

The company reported quarterly same-store sales growth of 3.1%, compared with estimates of a 2.8% rise.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.