Both companies reported strong demand in their recent earnings calls.īurger King also has plans for its own chicken sandwich, which will be introduced later this year. This will keep your track sounding exactly how you want, without fighting the picture FL Studio takes when creating an automation clip. Yum Brands' KFC and McDonald's both recently introduced their own chicken sandwiches, which means consumers have new items they may want to try. This quarter, its same-store sales rose 1.5%. same-store sales were a bright spot, climbing 6.6%.Īnd after quarters of eye-popping same-store sales growth stemming from its famous chicken sandwich, Popeyes came down to Earth as it faced tough comparisons to same-store sales growth of 26.2% during the year-earlier period. Worldwide, the burger chain saw an increase in temporary store closures this quarter. A year earlier, its same-store sales slid 3.7% as pandemic lockdowns were implemented across the world. if you cant tell.im a big fan of mrythmizer. ill sometimes layer 2 or 3 of them on top of each other.ive never had any problems with it as far as cpu goes or anything like that. ill routinely have it going on 4 or 5 channels at once. "Americans are experiencing a very different path out of Covid than Canadians," Restaurant Brands CEO Jose Cil told analysts.īurger King's same-store sales grew 0.7% during the quarter. i use to use gross beat extensively.now i use mrythmizer extensively. The province just opened up the first doses of vaccines to people at least 40 years old, but second doses won't be distributed until late summer or early fall. Ontario, which is home to nearly half of Tim Hortons' Canadian footprint, is under a stay-at-home until at least May 20. The coffee chain is also facing challenges as Covid-19 outbreaks have restricted mobility in Canada. In March, it announced an investment of 80 million Canadian dollars to spend on advertising, new menu items and the loyalty program. Tim Hortons has been upgrading its coffee equipment and using its loyalty program to drive sales growth in the maturing Canadian market. The Canadian coffee chain's same-store sales in its home market fell 3.3% in the quarter.Įven before the pandemic, the chain was the laggard of Restaurant Brands' portfolio.
Tim Hortons reported a same-store sales drop of 2.3%, compared with declines of 10.3% during the year-earlier period. Organic revenue, which strips out the impact of foreign currency, fell due to declining systemwide sales at Tim Hortons. The company said that the revenue increase was primarily driven by favorable foreign currency movements. Net sales rose 2.9% to $1.26 billion, beating expectations of $1.25 billion. The company reported fiscal first-quarter net income of $270 million, or 58 cents per share, up from $224 million, or 48 cents per share, a year earlier.Įxcluding items, Restaurant Brands earned 55 cents per share, beating the 50 cents per share expected by analysts surveyed by Refinitiv.