Restaurant Brands missed profit estimates due to aggressive marketing boosting demand at Burger King and other brands. U.S.-listed shares fell 4% after adjusted profit of 94 cents per share, below analysts’ 97 cents. Trump administration’s trade policies and inflation impact cost-conscious consumers. CEO noted softer performance in lower-income groups. Burger King’s same-store sales rose 1.5%. Value-meal deals helped boost foot traffic. Quarterly revenue was $2.41 billion, exceeding estimates. International segment sales rose 4.2%.
Read more at Yahoo Finance: Burger King owner’s marketing efforts spur sales, squeeze profit
