Restaurant Brands International is trading at $69.10, down 4.57% in after-hours trading, as hotter-than-expected September inflation and broad market declines likely weighed on shares.
- No clear company-specific after-hours catalyst surfaced.
- Jefferies raised its Burger King U.S. same-store sales forecast while maintaining a Hold rating; third-quarter results are scheduled for October 29.
- The stock closed higher during the regular session before the after-hours drop.