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Tim Hortons parent misses sales estimates on muted demand for service by cheap 3rd world labour

Tim Hortons parent Restaurant Brands misses sales estimates on muted demand

Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and the Middle East.

The Toronto-based company’s U.S.-listed shares were down five per cent before the bell.

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