Article Date 30/04/2021

Tim Hortons parent Restaurant Brands beats revenue estimates as U.S. stimulus boosts Burger King

Source Globe and Mail

Restaurant Brands International Inc QSR-Tbeat quarterly revenue estimates on Friday, as a reopening U.S. economy and government stimulus checks boosted spending at the company's Burger King chain.

After a year of ordering in, more Americans have started to go back to restaurants as a $1,400 stimulus payment from the government in March boosted spending, while the rollout of COVID-19 vaccines lifted consumer confidence.

Read the full article