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RBC Sells Shares in Restaurant Brands International Amid Strong Earnings

Guavy AI Editorial Team
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CAD
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Royal Bank of Canada (RBC) has reduced its stake in shares of Restaurant Brands International Inc. (NYSE: QSR), a global quick-service restaurant company, by selling 158,595 shares during the first quarter.

The firm now owns 18,386,132 shares of Restaurant Brands International's stock, representing about 5.29% of the company's value at $1,358,737,000 at the end of the most recent quarter.

This news comes as Restaurant Brands International continues to show strong performance, beating analysts' consensus estimates with its latest earnings report on May 6th.

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