Monday, October 28, 2019

Popeyes, Burger King parent Restaurant Brands posts strong Q3 sales

Yahoo Finance
It was a big quarter of partnerships and menu innovation for Restaurant Brands. During the third quarter, Burger King rolled out its Impossible Whopper nationwide, Popeye’s sparked the chicken sandwich wars — which helped spark the chain’s best sales in almost 20 years — and Tim Hortons collaborated with plant-based meat maker Beyond Meat.

Burger King’s nationwide rollout of the Impossible Whopper in August boosted food traffic significantly for the burger chain, with Restaurant Brands CEO Jose Cil boasting 15% international sales growth and 5% comp sales domestically — the company’s best since 2015.. . . more