Burger King, Popeyes parent company RBI suffers mass earnings fall as expenses continue to rise
1. Restaurant Brands generated $2.41 billion, exceeding sales estimates. 2. Second-quarter profit dropped to $189 million from $280 million last year. 3. Burger King's same-store sales rose 1.5%, indicating improved foot traffic. 4. Despite challenges, the company expects an 8% profit growth this year. 5. Higher operational costs continue to pressure profit margins across the board.