RY 163.04 -0.2813% SHOP 131.77 4.3392% TD-PFM None None% TD-PFL None None% TD 86.2 0.5834% ENB 64.25 1.5008% BN 73.36 3.6012% TRI 252.28 -0.1583% CNQ 40.69 1.1686% CP 101.24 -0.0395% CNR 135.3 -0.3095% BMO 132.32 1.2782% BNS 67.31 0.0595% CSU 4888.9102 2.4935% CM 83.66 0.1317% MFC 41.85 1.2827% ATD 72.23 -1.2577% NGT 77.22 4.7761% TRP 68.58 0.9866% SU 49.32 1.2523%
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Restaurant Brands International (TSX:QSR) Sees 20% Revenue Growth in FY24, Eyes 8% System-Wide Sales Growth by 2028
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Highlights
Restaurant Brands International Inc. (TSX:QSR) is a global quick-service restaurant company with over 32,000 restaurants across more than 120 countries and territories.
In the financial year 2024 (FY24), QSR achieved a 19.7% increase in annual revenue, rising to USD 8,406 million from USD 7,022 million in FY23. This growth was primarily driven by the acquisition of restaurants from franchisees and a notable increase in system-wide sales. Operating costs also rose by 20.4% YoY, totalling USD 5,987 million, mainly due to higher restaurant and advertising expenses.
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