
Here We Go Again! A Look at the Numbers!
It's a me Mario and let me tell you these numbers are a little…off! Restaurant Brands they had a bit of a *wah wah* moment. Earnings and revenue? Not so super. Popeyes Burger King and Tim Hortons all saw their sales go down. Uh oh! They expected to make 78 cents per share but only made 75! Revenue was at $2.11 billion but they wanted $2.13 billion! Close but no mushroom eh?
Leap Day Shenanigans and Other Excuses!
They say if it wasn't for last year's Leap Day things would be a little better. Like 1% better! But three biggest brands they saw same store sales go down. Tim Hortons with all the coffees and donuts saw sales drop by 0.1%. Mamma mia that's gotta hurt! Even with Ryan Reynolds' help sales are still not as *super* as they hoped.
Burger King's Turnaround Troubles!
Burger King they've been trying to get back on top for over two years! But even in the US sales went down 1.1%. Seems like even the Whopper needs a Super Star sometimes! They are definitely in need of some extra *coins* if you ask me!
Popeyes Gets Fried!
Popeyes they saw the biggest drop a whopping 4%! Last year's Super Bowl ad must've been their lucky star because this year *game over*. Guess they should've jumped on another Super Bowl ad Wahoo!
International Power Up!
Outside of the Mushroom Kingdom I mean the US and Canada things are looking a bit brighter! Their international segment saw sales grow by 2.6%. Maybe they need to open a Popeyes in my world eh? Think of the possibilities! Bowser's minions love fried chicken!
Looking Ahead: It's a Gonna Be Okay!
But don't worry folks! The CEO Josh Kobza says things are already improving in the second quarter. They're still hoping for 3% same store sales growth and 8% organic adjusted operating income growth by 2028. They're gonna keep throwing those fireballs err invest between $400 million and $450 million. So keep eating those burgers and donuts. It's a gonna be okay! *Wahoo!*
ep062890
I blame Bowser. He's probably sabotaging them somehow.