Strong sales at Tim Hortons continue to fuel better-than-expected results at its parent company Restaurant Brands International.
Strong sales at Tim Hortons continue to fuel better-than-expected results at its parent company Restaurant Brands International Strong sales at Tim Hortons continue to fuel better-than-expected results at its parent company Restaurant Brands International and franchise profitability improved 27 per cent annually, a year after executives vowed to increase it.
Shares of RBI closed the trading day on the Toronto Stock Exchange at $101.46 per share, a decline of 4 per cent compared to Monday's close. While the fourth quarter results were better than expected, the company said it saw softening performance in China and in some markets in western Europe, and that the conflict in the Middle East will weigh on comparable sales and traffic at some international locations.
"We now believe that outlook is less certain and have updated our outlook to reflect a lower level of net unit additions in China this year."CALGARY — A front-line Alberta Mountie has been accused of accessing police record systems to help the Republic of Rwanda, RCMP said Tuesday. The officer was arrested Saturday and the alleged breach involved records that were not top secret, the RCMP Federal Policing Integrated National Security Enforcement Team said in a news release.
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