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Restaurant Brands Q2 profit falls 18%

Published 2019-08-02, 06:37 a/m
© Reuters.  Restaurant Brands Q2 profit falls 18%
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Aug 2 (Reuters) - Fast-food chain Restaurant Brands International Inc QSR.TO QSR.N posted an 18% fall in quarterly profit on Friday, hit by weak sales at its Tim Hortons cafes and higher costs.

The company's net income fell to $257 million, or 55 cents per share, in the second quarter ended June 30, from $314 million, or 66 cents per share, a year earlier. rose to $1.4 billion from $1.34 billion.

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