Restaurant Brands International Inc
QSR: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|x# | LOCK|PsJ? | LOCK|%k$t#L< |
Restaurant Brands International Earnings: Current Challenges Mask Progress; Shares Undervalued
Restaurant Brands International had 5.3% systemwide and 2.4% comparable sales growth in the second quarter. Tim Hortons (45% of revenue) posted 3.4% comparable sales growth. RBI's adjusted operating margin fell 270 basis points to 27.7%, but its adjusted earnings per share rose to $0.94 from $0.86.
