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Impossible Whoppers are a huge hit on Burger King, powering its best neighborhood in four years



Restaurant Brands ( QSR ) reported solid third quarter earnings on Monday morning driven by more than 10% increase in Burger King sales and nearly 15% growth in Popeyes [19659003] The company stated that sales at Burger King restaurants opened at least a year had increased by 5% in the quarter. This was the strongest growth since 2015.

Restaurant brands attribute the success of the plant-based Impossible Whopper, which is featured throughout Burger King in the United States, to strong sales.

Popeyes did even better, with sales in the same stores in the United States increasing more than 1

0%. Restaurant Brands said it was the best neighborhood for the chain in nearly two decades.

  Crispy, spicy and extremely popular: Why chicken sandwiches take over America

It seems safe to say that the success of the spicy chicken sandwich has more than justified the purchase of Popayes from restaurant brands in 2017 for $ 1.8 billion.

Shares in restaurant brands are up over 30% this year compared to nearly 10% growth for Best Rival McDonald's ( MCD ) and around 20% Pop For KFC Owner Yum! Stamps ( YUM ) . McDonald recently announced a slowdown in US sales growth.
But there was some bad news about restaurant brands. The other chain he owns donut and coffee seller Tim Hortons is struggling. Sales of Tim Hortons, which competes with Starbucks ( SBUX ) and Dunkin & # 39; ( DNKN ) fell in the quarter.
The company launched its own product on a plant-based menu, a sausage sandwich from impossible rival Beyond Meat, earlier this year. Beyond Meat ( BYND ) will report its earnings after the closing bell on Monday.

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