The company, which maintains its books in U.S. dollars, said its net income attributable to common shareholders for the quarter ended Sept. 30 was $315 million, or 96 cents per diluted share. The result compares with a profit of $252 million, or 79 cents, within the year-earlier quarter.
Quarterly revenue was $2.45 billion, up from $2.29 billion a yr ago.
On an adjusted basis, RBI said it earned $1.03 per diluted share in probably the most recent quarter, in comparison with 93 cents per diluted share in the identical quarter last yr.
In addition to Tim Hortons, RBI is the corporate behind the Burger King, Popeyes and Firehouse Subs brands.
Parkland reports third-quarter profit higher than last yr because it prepares to shut Sunoco deal
Parkland Corp. (TSX:PKI)
Figures for the third quarter of 2025.
- Benefit: $129 million (vs. $91 million last yr)
- Sales: $7.35 billion (was $7.13 billion)
Parkland Corp. reported third-quarter profit of $129 million, up from $91 million a yr earlier, as the corporate prepared to shut a deal to be acquired by U.S. firm Sunoco. The Calgary-based company said its profit for the quarter ended Sept. 30 was 73 cents per diluted share, down from 52 cents per diluted share a yr earlier.
On an adjusted basis, Parkland said it earned $1.02 per diluted share in probably the most recent quarter, compared with adjusted earnings of 60 cents per diluted share within the year-ago quarter.
Sales and operating income totaled $7.35 billion, a rise from $7.13 billion a yr ago.
Parkland owns the Ultramar, Chevron and Pioneer gas station chains, in addition to several other brands in 26 countries. The company also operates a refinery in Burnaby, B.C., which supplies nearly a 3rd of the region’s gasoline and jet fuel.
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The company expects to shut the take care of Sunoco on Friday, subject to the satisfaction or waiver of customary closing conditions.
Wealthsimple Announces Raising Up to $750 Million in New Capital to Accelerate Growth
Wealthsimple Inc. publicizes it’s raising as much as $750 million in capital to speed up its growth. The capital increase will increase its value to $10 billion upon completion.
The equity round features a primary offering of US$550 million and a secondary offering of as much as US$200 million and is co-led by US-based Dragoneer Investment Group and Singaporean sovereign wealth fund GIC.
According to Wealthsimple, the round can even include Canada Pension Plan Investment Board, a brand new investor, in addition to existing investors Power Corporation of Canada, IGM Financial Inc. and others. Michael Katchen, CEO of Wealthsimple, says in a press release that when choosing partners, they consciously selected the long-term way forward for the corporate.
Last week, Wealthsimple announced that its assets under management reached $100 billion, roughly doubling from a yr ago.
Cameco shares are rising after the corporate and Brookfield signed a nuclear reactor take care of the US
Cameco Corp. shares (TSX:CCO) rose greater than 20 percent after the corporate and Brookfield Asset Management Ltd. (TSX:BAM) announced a partnership agreement with the U.S. government to support the development of nuclear reactors within the United States.
Under the agreement, the U.S. government will arrange financing and facilitate approvals and permits for no less than $80 billion of recent Westinghouse nuclear reactors within the United States. Brookfield and Cameco acquired Westinghouse in November 2023.
“We expect the new construction commitments from the U.S. to reinforce broader confidence in nuclear energy’s sustained growth profile and support increased demand for Westinghouse and Cameco’s products, services and technologies,” Cameco CEO Tim Gitzel said in an announcement. “This new partnership underscores the role that Westinghouse’s reactor technologies, based on fully designed, licensed and operational reactors, are expected to play in the planned expansion of nuclear capacity and the diversification of global nuclear supply chains.”
