The Business Times

Restaurant Brands International

Consumer & Healthcare

Restaurant Brands tops estimates as Burger King overhaul pays off

RESTAURANT Brands International beat Wall Street expectations for quarterly results on Tuesday (Apr 30), driven by a revival in demand at its Burger King outlets as well as continued strength at the T...

Restaurant Brands International, which owns Burger King, expects to complete its purchase of Carrols Restaurant Group by the second quarter and spend another US$500 million to remodel 600 of Carrols more than 1,000 locations.
Companies & Markets

Burger King owner to buy biggest franchisee for US$1 billion

The owner of Burger King plans to buy its largest US franchisee for about US$1 billion in cash in a bid to fast-track an overhaul of hundreds of locations and win back customers.

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