{
Tim Hortons Inc.

Companies

}
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001122334455554433221100

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%.
CNBC
United States Dollar Popeyes Louisiana Kitchen Inc. Burger King Corporation Corporation Firehouse Subs Restaurant Brands International Inc. Tim Hortons Inc. CHN CAN ESP Tim Hortons Josh Kobza Show more
Finance & Economy, Market Report
12:46 05.11.2024

starbucks faces fierce competition in rapidly evolving chinese coffee market

Starbucks faces intense competition in China, where local chains like Luckin Coffee and Cotti Coffee are rapidly expanding and undercutting prices. Despite a 14% drop in same-store sales, Starbucks remains a popular social hub, known for its inviting atmosphere and consistent quality, even as it navigates a challenging market landscape.
CNBC
United States Dollar Chinese Yuan Luckin Coffee Inc. Tim Hortons Inc. KFC 14 Portfolio Propco LLC Costa Coffee Ltd. Starbucks Corporation McDonald's Corporation CHN Brian Niccol Andrew Ross Sorkin Show more
Finance & Economy, Market Report
12:29 01.11.2024
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