Restaurant Brands International reported a decline in third-quarter profit due to higher costs, while Tim Hortons and its international markets helped drive sales growth.
Restaurant Brands International Inc., the owner of Burger King and Tim Hortons, posted sales that grew slower than expected in the third quarter, highlighting many chains’ struggle to attract diners ...
Many consumers are now clinging to the deal-seeking behaviours they adopted when inflation was much higher and letting value menus and special offers guide what they buy.
A sluggish consumer environment has led fast-food giants across the industry to compete with more value offerings to entice visitors – a trend that affected TimHortons and Burger King parent ...