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Tim Hortons. Revenue and profit increased at Tim Hortons parent company Restaurant Brands International in the second quarter. The TSX-listed quick service restaurant giant that also owns Burger King, Popeye’s and Firehouse Subs, said its net income came in at US$399 million for the quarter, or 88 cents per share. That’s up from $351 million a year ago. Revenue totaled $2.08 billion, better than expectations and an increase from last year’s $1.78 billion tally.
by cutting costs and improving margins despite lower sales — a troubling sign that consumers are cutting back. Net income came in at $223.5 million, up from $126.9 a year ago. That’s despite revenue falling to $4.13 billion from $4.26 billion a year ago. Same-store sales fell by 4.6 per cent.
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