Tim Hortons sales surge beyond expectations
Restaurant Brands International reports stronger-than-expected sales growth at Tim Hortons, driven by resilient Canadian demand and successful menu innovations.
Category : Corporate News
Corus Entertainment Reports $277.1M Q4 Loss
Canadian media giant Corus Entertainment faces significant financial challenges with massive fourth-quarter losses and declining advertising revenue, signaling tough times for broadcast sector.
Canadian Pacific Profits Leap Despite Trade Uncertainty
Despite US tariff turmoil and ongoing merger speculation, Canadian Pacific Railway reports impressive Q3 earnings growth, showcasing remarkable resilience in challenging economic conditions.
Paramount Cuts 2,000 Jobs After Skydance Merger
In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.
Boeing's 777X Program Takes $5 Billion Hit Amid Delays
Boeing faces staggering financial losses on its troubled 777X widebody jet program as certification delays push first deliveries to 2025. The aerospace giant's latest earnings reveal nearly US$5 billion in additional charges.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pullback
Kraft Heinz faces ongoing consumer pressure as shoppers cut back on packaged foods, forcing the company to lower its annual sales and profit outlook for 2024.
Adidas North American Sales Drop Amid Yeezy Fallout
Adidas faces significant sales decline in North America amid ongoing Yeezy partnership fallout and challenging tariff landscape, impacting the sportswear giant's recovery strategy.
Kraft Heinz Cuts Sales Forecast Amid Consumer Pressure
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
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