Restaurant Brands International Inc

Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected

Howard SchultzDavid Ryder | ReutersSome restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are cutting back on eating out to save money.But CEOs are split on how consumer behavior is changing and whether it’s impacting their companies.McDonald’s Chris Kempczinski and Chipotle Mexican Grill’s Brian Niccol are among those …

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Restaurant Brands International (QSR) Q2 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California.Justin Sullivan | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled by international sales growth at Burger King and the recovery of Tim Hortons’ Canadian locations.In the U.S., …

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