Restaurant Brands International Q4 Revenue Rises, Net Profit Declines on Cost Pressures

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Restaurant Brands International reported fourth-quarter revenue growth driven by global same-store sales gains, while net profit declined as elevated commodity and labor costs pressured margins. The revenue increase reflected gains at Burger King and Popeyes, but profitability was weighed down by refranchising and restructuring charges.

1. Q4 Financial Results

Restaurant Brands International posted higher total revenues for the December quarter, driven by same-store sales growth across its global Burger King and Popeyes chains. Despite the top-line increase, net income fell as rising commodity prices, higher labor expenses and refranchising and restructuring charges eroded margins.

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