Restaurant Brands International reported mixed third-quarter fiscal results: adjusted earnings of $1.10 per share beat the $1.09 expected, while revenue of $2.53 billion came in slightly below the $2.54 billion analysts expected. Net revenue rose 3.1%, and same-store sales grew 3.8% across all restaurants. Burger King was the top performer, with U.S. same-store sales up 8.4% as its home market undergoes a multiyear turnaround. Popeyes was the laggard, with U.S. same-store sales down 2.2% as rival chicken chains lured customers away with discounts. Tim Hortons posted 1.8% same-store growth in Canada, and international same-store sales rose 3.9%, fueled by Burger King locations.
Summary written by Upside AI from the original article. Read the source for full details.
Keywords
Open a keyword to see other news on the same topic.
Related news
- Burger King Japan exposes 11.18 million customer records
Burger King Japan said an intruder accessed its member management server without authorization from October 2 to October 7, 2026, before the breach was detected. An investigation completed on October 13 found that 11.18 million customer records were at risk of leaking, including full names in Kanji and Kana, dates of birth, gender, email addresses, phone numbers, prefecture of residence and app order-history tags. The company said no credit card or bank payment information was stored in the system, and its access logs showed no evidence that account passwords were stolen. Burger King has blocked the unauthorized access, reported the incident to Japan's Personal Information Protection Commission (PPC) and police, and warned customers about scam calls, texts and emails impersonating the brand.
- Restaurant earnings will test whether owning more brands pays off
Restaurant stocks have diverged in 2026: Brinker International, Darden Restaurants and Restaurant Brands International, which each own multiple chains, are up roughly 32%, 18% and 12% year to date, while single-chain companies such as McDonald's, Chipotle, Cava, Wendy's, Shake Shack and Domino's have fallen, several by double digits. Analysts say a multi-brand portfolio can cushion a weak concept, though it depends on another chain being strong enough to pick up the slack. In Darden's latest quarter, LongHorn Steakhouse comparable sales rose 6.2% versus 1.1% for Olive Garden, while at Restaurant Brands, Burger King's U.S. comparable sales accelerated to 8.5% and Tim Hortons' Canadian comparable sales slowed to 0.1%. Investors will see how multi-chain operations affect performance when major restaurant companies report quarterly results starting next week.
- Starbucks (SBUX) vs McDonald's (MCD) and Yum Brands (YUM): Which Restaurant Stock is a Better Buy?
The article compares Starbucks (SBUX), McDonald's (MCD) and Yum! Brands (YUM) over the past six months. SBUX closed at $90.75 (down 6.9%), MCD at $235.23 (down 22.8%) and YUM at $144.82 (down 10.3%), and none beat the two benchmarks. All three report negative book value, which the article attributes to years of buybacks and dividends funded with borrowing, while franchising explains much of the gap in returns. Yum Brands posted a 22.69% return on assets and 12.20% revenue growth, McDonald's had a 46.49% operating margin versus 12.92% at Starbucks, and Starbucks' revenue fell 1.40% with a payout above 140% of earnings. Starbucks trades at 29.04 times forward earnings, the highest of the three, and the author views McDonald's as the most defensible on the numbers.
- Stellantis reports $4.5 billion cash drain as massive turnaround plan continues
Stellantis reported a 4 billion euro ($4.5 billion) cash shortfall in the third quarter as it continues its turnaround strategy of 60 billion euros ($66.7 billion) to restore profitability. Third-quarter revenue rose 1% to 37.6 billion euros, while adjusted operating income climbed 184% to 256 million euros from 90 million euros a year earlier. Negative industrial free cash flow narrowed to 4 billion euros from 4.3 billion a year earlier. Shares rose 3.6% after the European market opened but are down 62% since the start of the year. The company reaffirmed that it expects positive industrial free cash flow in 2027, and CEO Antonio Filosa said early progress has been made on the FaSTLAne 2030 plan.
- Bitcoin shows signs of weakness while Ripple's bank win fails to bolster XRP
Bitcoin is trading below $80,000 and under its 50-day average, a sign of near-term weakness that analysts at FxPro and Secure Digital Markets say could extend the downtrend. Secure Digital Markets flags $80,000 as key support, with a break possibly opening the way to $75,000 and then $73,000, after BTC's 30-day range narrowed from 13% to 6%. Options traders on Derive price in a move of about 3% in either direction through Friday's expiry, with the average daily move around the US midterm elections near 2.1%. Meanwhile, Ripple received U.S. regulatory approval to launch its own national trust bank, a step that could strengthen institutional custody, but Marex notes the charter does not require buying XRP, and XRP was down 0.5% since midnight UTC.
- Import Prices Accelerate as Inflation Shows Signs of Broadening
Prices of goods imported into the US rose 1.1% in September after a 0.5% increase in August, and were up 8.1% from a year earlier, the largest annual gain since July 2022. The report capped a week of troubling inflation data, with consumer prices up 3.7% year over year and producer prices jumping 1.3% for the month. Fuel import prices rose 4.8%, while nonfuel import prices gained 0.7% for the month and 6.0% over the year. Capital goods rose 0.9%, and industrial supplies and materials rose 1.4% and were up 13.0% annually, while food and beverage prices were unchanged. Export prices also accelerated, rising 2.2% in September and 11.6% over the year, suggesting inflation pressure is spreading beyond energy.
Related markets
Latest news
- Gold prices today, Thursday, October 29, 2026: Gold prices hardly budge after Fed holds rates steady
December gold futures opened at $4,081.40 per troy ounce on Thursday, October 29, 2026, up 0.7% from Wednesday's close, but fell to $4,040.50 by 7:04 a.m. ET. Opening prices have ticked higher each day this week, but gold has shown no significant upward move after the Fed held rates steady at its two-day meeting, a decision widely anticipated. Attention now turns to Middle East tensions, energy prices, and whether the Fed will raise rates again after its December meeting. CME Group data shows an 85.6% chance the FOMC will raise rates by 25 basis points before year-end. Compared with a week ago, the opening price is down 1.9%; versus a month ago, down 1.7%; and versus a year ago, up 2.9%.
- Vinamilk to pay over VND 5,200 billion in dividends
Vinamilk (VNM) will set its record date as November 12, 2026 for the first 2026 cash dividend installment, a 25% payout of VND 2,500 per share, with payment scheduled for November 26, 2026. With nearly 2.09 billion shares outstanding, the total payout is estimated at about VND 5,225 billion, mostly flowing to major institutional shareholders. SCIC, the largest shareholder with over 752.4 million shares (36% of charter capital), is expected to receive about VND 1,881 billion, while F&N Dairy Investments, holding 22.29%, would receive about VND 1,165 billion. Vinamilk completed the remaining 2025 dividend in July 2026 at 18.5% (VND 1,850 per share), totaling about VND 3,866 billion. For the first six months of 2026, consolidated post-tax profit reached VND 5,643 billion, up more than 38% year-on-year, and the 2026 AGM approved keeping cash dividends at a minimum of 50% of consolidated post-tax profit.
- Fed holds rates steady: What pressures for Vietnam?
The Fed kept its rate range at 3.75–4% at the October 28 meeting but left open the possibility of a rate hike in December. According to PGS.TS. Nguyễn Văn Phương, the impact would first hit the exchange rate and market expectations, and only then spread to capital flows and domestic interest rates. The most notable pressure is the exchange rate, as year-end USD demand could rise if importers buy early and exporters delay selling foreign currency, although the scale depends on export earnings, remittances and debt obligations. Higher USD yields could raise return requirements for investments in Vietnam, with portfolio flows reacting faster than direct investment. He said cutting VND rates too quickly while the exchange rate is under pressure could erode the benefit, but keeping rates high solely to protect the currency also carries costs.
- Google Admits Its AI Search Makes Less Money Than Regular Search
Google said AI Mode queries are growing faster than ever, but Search revenue rose 12% year over year to $63.35 billion and was nearly flat from the prior quarter, below the $64.85 billion analysts expected. Chief Business Officer Philipp Schindler said AI Mode currently monetizes at a lower rate than traditional search, while foreign exchange was the largest drag on Search growth. Google is expanding ads in AI Mode to international markets, though many AI Mode queries are early-stage research that may lead to fewer direct sales. Alphabet reported GAAP EPS of $2.12 versus $3.01 expected, and free cash flow of negative $9.065 billion after $51.355 billion in capital spending. The article says the fourth-quarter report is the key test: if FX eases and AI Mode ads grow while Search growth stays at or below 12%, the positive outlook would likely break down.
- Warren Buffett's $48 Billion American Express Stake Has Been a Huge Winner. The Latest Results Say the Streak Is Far From Over.
As of June 30, Berkshire Hathaway owned 22.5% of American Express's shares outstanding, a stake worth $48 billion as of October 27 and 13.1% of its portfolio, making it the conglomerate's second-largest holding after Apple. AXP shares have produced a total return of 440% over the past decade, though they trade 18% below their peak. In the third quarter, net revenue rose 9% year over year to $20.1 billion, billed business grew 8%, the company added 3.1 million net new card members, and the net write-off rate was 1.8%. Management raised its full-year adjusted EPS forecast to $17.60–$17.90, a midpoint gain of about 15% versus 2025. Two-thirds of new card members come from Gen Z and Millennial cohorts, and the company is working with OpenAI on an Amex plugin for Amex Offers and on bringing Resy reservations into ChatGPT.
- Oracle Just Did What Alphabet Couldn’t: Convince Wall Street That AI Spending Pays Off
Oracle shares rose 11% on its October 28, 2026 investor day, while Alphabet fell about 10% in premarket trading on October 29 after third-quarter results, as it kept its 2026 capital spending plan but expects a significant increase in 2027. Oracle targets FY2030 revenue above $225 billion, a non-GAAP operating margin above 40%, and annual free cash flow above $30 billion by FY2029, and its backlog of remaining performance obligations reached $664 billion. Oracle's FY2026 free cash flow was still negative $23.7 billion. Google Cloud revenue reached $30.7 billion, up 103%, but capex rose to $51.4 billion and free cash flow was negative $9.1 billion. The author argues that the market accepts AI spending once a company names when the cash will return.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.