Restaurant Brands International has shifted its focus to improving operations at Burger King From alicjawithaj
RBI, which also operates the Burger King, Popeyes and Firehouse Subs brands and reports its sales in U.S. dollars, says total sales rose to $1.59 billion in the three-month period ended March 31. That's up from $1.45 billion during the same quarter last year, and above analysts' expectation of $1.56 billion. The company also reported a net profit of $277 million, or 61 cents per diluted share, up from $270 million last year, or 59 cents per diluted share.
"Our new and improved food offerings, including loaded bowls and wraps, are also helping strengthen our position for growth in the $10 billion P.M. food market," Kobza said. "There will always be a minority who aren't dedicated, enthusiastic operators and that's okay. We'll work with them to leave the system and move on to do something else," Doyle said.
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