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Fast Food Restaurants

Restaurant Brands International Misses Revenue Estimates; Cites Staffing Shortage, COVID-19

Reuters | Equities.com |

Burger King and Tim Hortons are struggling with a staffing crunch and the Delta variant keeping coffee-loving office workers at home, causing parent Restaurant Brands International Inc (QSR), to miss estimates for quarterly revenue on Monday.

U.S.-listed shares shed 4.4% as same-store sales at its Burger King, Tim Hortons and Popeyes chains came in below expectations in the third quarter.


McDonald's To Offer New Plant-Based Burger in US Restaurants by Beyond Meat

Kimberly Redmond | Equities.com |

McDonald’s Corporation (NYSE: MCD) will soon launch a small-scale rollout in the US of a new plant-based burger developed with faux-meat maker Beyond Meat Inc (Nasdaq: BYND).

Starting Nov. 3, the "McPlant" will be on the menu at eight locations in Texas, Louisiana, Iowa and California as part of a trial run to help gauge customer interest in the meatless offering, McDonald’s announced Thursday.


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