Restaurant Brands reported second-quarter net income attributable to shareholders of $189 million, or 57 cents per share, down from $280 million, or 88 cents per share, a year earlier. Excluding transaction costs from its acquisition of Burger King China and other one-time costs, the company earned 94 cents per share.

Tim Hortons parent company Restaurant Brands International Inc. reported its second-quarter profit fell compared with a year ago. The company, which keeps its books in U.S. dollars,

Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $45 billion in annual system-wide sales and over 32,000 restaurants in more than 120 countries and territories.