​Burger King Owner’s Earnings Fall Short Of Estimates On “Consumer Pressures” – Tyler Durden

Burger King Owner’s Earnings Fall Short Of Estimates On “Consumer Pressures” Restaurant Brands International, the owner of Burger King, Tim Hortons, Popeyes, and Firehouse Subs, posted second-quarter earnings that were weaker than expected by the average Wall Street analyst. This is more evidence that the consumer downturn theme is gaining momentum as low/mid-tier consumers pull back on spending amid elevated inflation and high interest rates.  “Our priorities and balance of thoughtful investments with cost discipline allow us to navigate short-term consumer pressures and drive sustainable results for our business and our franchisees,” CEO Josh Kobza stated in the second quarter earnings result…  — Continue at ZeroHedge News : Read More