UPDATE 2-U.S. restaurants seek $455 bln of federal aid due to coronavirus hit [Reuters]
Restaurant Brands International Inc. Common Shares (QSR)
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am
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Source: Reuters
U.S. restaurants seek $455 billion of federal aid due to coronavirus hit NEW YORK (Reuters) - U.S. restaurants on Wednesday asked the White House and congressional leaders for at least $455 billion in aid to help them weather the coronavirus crisis, saying the industry could shed nearly half of its 15.6 million jobs and a quarter of annual sales. Restaurants could take a $225 billion hit over the next three months, equal to a quarter of their projected 2020 sales of $899 billion, the Washington D.C.-based National Restaurant Association (NRA) said on Wednesday. State and local officials are trying to slow the spread of the respiratory illness that has infected more than 7,300 nationally and killed 118 Americans. As food service establishments are forced to close or shift operations to delivery, pickup and drive-thru only, the industry could lose as many as 7 million jobs, the NRA said in a letter addressed to President Donald Trump, Senate Majority Leader Mitch McConnell and House Spe
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QSR
Earnings
- 11/5/24 - Miss
QSR
Sec Filings
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 8-K
- QSR's page on the SEC website