Parent Company Burger King is Growing Due to the End of Lockdowns

Burger King’s parent company grew significantly in the first quarter compared to a year earlier. In the first quarter of last year, corona lockdowns were still in force in several countries, including Canada and China.

Also, Restaurant Brands International has removed Burger King’s Russian franchise restaurants from the equation. The company did this because it is no longer active in Russia.

Sales for all Restaurant Brands, including Canadian coffee chain Tim Horton’s and fast food restaurants Popeyes and Firehouse Subs, rose just under 15 percent to $9.8 billion. Tim Hortons grew relatively fastest, and Firehouse Subs lagged behind. That amount includes sales at franchised restaurants.

In its own restaurants alone, sales amounted to $ 1.6 billion. That left a net profit of $277 million.

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