Restaurant Brands, owner of Burger King, Popeyes and Tim Hortons, is under pressure from investors to show it has a plan to boost sales
Burger King parent Restaurant Brands International Inc. is under pressure from investors to show it has a plan to boost sales at its restaurant chains.
The company, which is backed by 3G Capital and also owns Tim Hortons and Popeyes Louisiana Kitchen, boosted profit over several years by cutting costs and expanding into new markets. Shareholders benefited from a 20% compounded increase in the company’s share price over the past three years, to some 89.37 Canadian dollars at the close of trading on Tuesday in Toronto.
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