News > Restaurant Brands beats quarterly revenue estimates on Tim Hortons boost

Restaurant Brands beats quarterly revenue estimates on Tim Hortons boost

Tim Hortons coffee outlets helped counter sluggish sales at Burger King amid an overhaul. Tim Hortons, like Yum Brands' Taco Bell, has bet on regular menu refreshes such as in cold beverages and quick bites to attract more customers. The brand, which accounted for nearly half of the parent's revenue in the quarter, reported same-store sales growth of 4.6%, ahead of expectations for a 4.3% increase. Revenue rose 17% to $2.08 billion, beating estimates.