Restaurant Brands International Inc (NYSE:QSR) reported fourth-quarter sales growth of 9.3% year-on-year to $1.69 billion, beating the consensus of $1.67 billion.…
Companies Reporting Before The Bell
• WESCO International (NYSE:WCC) is projected to report quarterly earnings at $3.79 per share on revenue of $5.37 billion.
Oppenheimer analyst Brian Bittner reiterated an Outperform rating on the shares of Restaurant Brands International Inc (NYSE:QSR) with a price target of…
Traffic trends for quick-service brands have been stagnant or negative in recent quarters due to the pandemic and a squeezed consumer wallet.
However, analysts at BMO Capital Markets expect traffic to turn positive soon as COVID-recovery comps are lapped and inflation finally eases.