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restaurant brands misses third quarter expectations as sales decline across chains
Restaurant Brands International reported third-quarter earnings and revenue that fell short of expectations, with same-store sales growth of just 0.3%. Burger King, Firehouse Subs, and Popeyes experienced declines in their home markets, while Tim Hortons was the only brand to show growth. The company has adjusted its full-year sales growth outlook to 5% to 5.5%, down from 5.5% to 6%.