Burger King/Tim Hortons parent posts quarterly loss

Tue Feb 17, 2015 7:14am EST
 
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Feb 17 (Reuters) - Restaurant Brands International Inc , formed out of Burger King's takeover of Canadian coffee and doughnut chain Tim Hortons last year, reported a net loss in its first quarterly results after the merger.

Restaurant Brands posted a net loss attributable to shareholders of $514.2 million, or $2.52 per share, for the fourth quarter ended Dec 31.

The company reported total revenue of $416.3 million.

U.S. fast-food chain Burger King bought Tim Hortons for C$12.64 billion last August, creating the world's third-largest fast-food restaurant group. (Reporting by Solarina Ho in Toronto and Sneha Banerjee in Bengaluru; Editing by Simon Jennings)