On August 8 2023, RESTAURANT BRANDS INTERNATIONAL ($NYSE:QSR) announced their financial results for the quarter ending June 30 2023. Revenue for the quarter totaled USD 1775.0 million, an 8.3% rise compared to the same period in the prior year. Profits were up 2.1% year over year to USD 241.0 million.
On Tuesday, August 8th, RESTAURANT BRANDS INTERNATIONAL reported its financial results for the second quarter of fiscal year 2023. Stock opened at $74.8 but closed the same day at $74.3, representing a 0.3% decrease from the prior closing price of $74.6. RESTAURANT BRANDS INTERNATIONAL is an international restaurant franchise company that owns and operates several popular restaurant chains like Burger King, Tim Hortons, and Popeyes. The company has been growing steadily, and its second quarter earnings report reflects that. The report includes the company’s revenue and profitability figures, giving investors insight into its performance. This is good news for investors, as it indicates that RESTAURANT BRANDS INTERNATIONAL is in a strong financial position.
The report also showed that the company was investing in new technology and expanding its reach globally, which could lead to further growth in the coming years. Overall, RESTAURANT BRANDS INTERNATIONAL’s Q2 FY 2023 earnings report was generally positive. Despite the slight dip in stock price, investors seem to be optimistic about the company’s future prospects. As RESTAURANT BRANDS INTERNATIONAL continues to invest in new technologies and expand its reach, investors can expect to see more positive outcomes in the future. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for QSR. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for QSR. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for QSR. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for QSR are shown below. More…
Income Statement Ratios
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GoodWhale’s analysis of RESTAURANT BRANDS INTERNATIONAL’s wellbeing reveals that this company is strong in dividend and profitability, but weak in asset and medium in growth. Our Star Chart categorizes RESTAURANT BRANDS INTERNATIONAL under ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. This type of company may be attractive to investors looking for a stable dividend yield and a low-risk investment opportunity. We have also assigned RESTAURANT BRANDS INTERNATIONAL a health score of 8/10 with regard to its cashflows and debt, which suggests that this company is capable to pay off debt and fund future operations. All in all, RESTAURANT BRANDS INTERNATIONAL can be considered as a suitable choice for investors who have a medium-term investment horizon. More…
Risk Rating Analysis
Star Chart Analysis
RESTAURANT BRANDS INTERNATIONAL reported strong second quarter financial results for 2023. Total revenue was up 8.3% year-over-year, reaching USD 1775.0 million. Net income was also up 2.1%, coming in at USD 241.0 million. These impressive results indicate that investing in RESTAURANT BRANDS INTERNATIONAL could be a smart move for investors looking to capitalize on the company’s growth potential.
The company’s strong management team and strategic investments have allowed it to capitalize on opportunities in the restaurant industry, culminating in excellent financial performance. Investors should do their own research and consult a financial advisor before making any investment decision.