Restaurant Brands Misses Remodeling Target, Shares Slide Despite Strong Overseas Sales
Restaurant Brands International posted fourth-quarter earnings and revenue slightly above Wall Street projections, but the company’s shares declined after management acknowledged delays in modernizing most U.S. Burger King restaurants. The parent of Burger King, Tim Hortons, Popeyes and Firehouse Subs reported results for the three months ended Dec. 31. Net income attributable to common shareholders […]