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Burger King's pandemic woes eat into Restaurant Brands profit, sales


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(Reuters) - Restaurant Brands International Inc on Thursday missed quarterly profit estimates and posted a drop in comparable sales at its Burger King and Popeyes chains as a resurgence in COVID-19 cases slowed customer traffic to its outlets.
FILE PHOTO: The company logo for Restaurant Brands International is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 6, 2019. REUTERS/Brendan McDermid
The company’s U.S.-listed shares slipped 4.3% to $57.51.
The reinstatement of virus restrictions in many parts of the world led to temporary dining room closures and curfews, which kept people from venturing out to get their fast-food fix and weakened the recovery process for a battered hospitality sector. ....

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