Burger King sales climb as Tim Hortons struggles
Restaurant Brands International have announced their Q2 results, declaring comparable sales growth of 3.9% at Burger King, while Tim Hortons grew just 0.8%.
Their most recent acquisition Popeyes Louisiana Kitchen grew by 2.7 percent.
Daniel Schwartz CEO of Restaurant Brands International Inc, commented that this decline was ‘primarily driven by the brand’s performance in Canada, where comparable sales fell 0.6 percent’.
He also commented; “In the second quarter, we continued to grow system-wide sales and profitability for all three of our iconic brands.”
“In particular, we had notable strength at BURGER KING®, with both strong comparable sales growth and net restaurant growth. We also made good progress integrating POPEYES®, and continue to be excited about the long term growth potential for the brand.”
“We appreciate all of the hard work from our franchisees and their teams to deliver a great guest experience, and we are confident in our ability to create further value for all of our stakeholders for many years to come.”Thursday, 3rd August, 2017