Feb 12 (Reuters) – Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains.
The company’s U.S.-listed shares rose 2% in premarket trading.
Value-focused menus continue to attract budget-conscious diners, as fast‑food chains lean into affordability even as pricier rivals struggle.
The company’s Burger King chain introduced ‘2 for $5’ and ‘3 for $7’ value meal offers over the last year.
McDonald’s also topped estimates for its fourth-quarter global comparable sales and profit on Wednesday, helped by meal deals and strong marketing promotions.
The company reported quarterly same-store sales growth of 3.1%, compared with estimates of a 2.8% rise, according to data compiled by LSEG.
(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Leroy Leo)
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