Restaurant Brands International Inc. - QSR STOCK NEWS

Popeyes has entered into a Master Franchise and Development Agreement with French restaurant group napaqaro to expand its operations in France and Monaco. The partnership aims to launch hundreds of restaurants in the region, starting in 2022. The agreement is a significant step in Popeyes' European expansion following its successful entry into Spain and the UK. The brand plans to offer locally sourced ingredients, including French chicken, and aims to create numerous jobs in the French hospitality sector.

TH International Limited (Tims China) has secured a $50 million capital injection from a global asset manager to support its merger with Silver Crest Acquisition Corporation. The financing comes as part of a larger PIPE investment, with commitments from existing investors like Sequoia Capital China. Tims China, which operates over 340 Tim Hortons locations in China, aims to expand to over 2,700 cafes in five years. The combined entity plans to list on NASDAQ under the symbol THCH.

Restaurant Brands International Inc. (TSX: QSR, NYSE: QSR) will participate in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2021, at 9:30 am Eastern Time. A live audio webcast will be available on the company's investor relations website and accessible for 30 days post-event. RBI is a leader in the quick service restaurant sector, boasting approximately $34 billion in annual sales and over 27,000 restaurants globally, home to well-known brands such as Tim Hortons, Burger King, and Popeyes.

Restaurant Brands International (QSR) has announced its acquisition of Firehouse Subs for $1 billion in an all-cash transaction, promising immediate accretion to its earnings per share. Firehouse Subs, known for its high-quality sandwich offerings, represents a growth opportunity within the $30 billion U.S. quick-service restaurant category. The acquisition is expected to leverage RBI's global scale to accelerate Firehouse's unit growth and enhance overall brand awareness. Firehouse's 1,200 locations are projected to generate approximately $1.1 billion in system-wide sales for 2021.

Restaurant Brands International (TSX: QSR, NYSE: QSR) reported a robust third quarter for 2021 with a 11% increase in global system-wide sales year-over-year, reflecting a 25% growth for Burger King internationally. The company returned over $425 million to shareholders through dividends and share buybacks. Adjusted EBITDA rose to $607 million, up from $561 million year-over-year, with a net income attributable to common shareholders of $328 million. The firm aims to cut greenhouse gas emissions by 50% by 2030.

Burger King will be the first global quick-service restaurant to test Impossible Foods’ plant-based Chicken Nuggets. Starting on October 11, customers in Des Moines, IA, Boston, MA, and Miami, FL can try these nuggets, available in an eight-piece order. This follows Burger King's previous collaboration with Impossible Foods for the Impossible Whopper. Additionally, the chain will launch Ghost Pepper Chicken Nuggets nationwide for a limited time, exclusively accessible to Royal Perks members before the public release.

Restaurant Brands International Inc. (TSX: QSR) will release its third quarter 2021 financial results on October 25, 2021, hosting an investor conference call at 8:30 a.m. Eastern Time. This call will be available as a webcast on the company's investor relations website, with a 30-day replay option. Investors can access the call via specific dial-in numbers for U.S., Canadian, and international callers. RBI, one of the largest quick service restaurant chains globally, boasts approximately $33 billion in annual sales and over 27,000 restaurants across more than 100 countries.

Restaurant Brands International (QSR) has announced aggressive targets to significantly reduce its greenhouse gas emissions. With a commitment to cut emissions by 50% by 2030 and achieve net-zero emissions by 2050, this strategy aligns with the Science Based Targets initiative. The company anticipates preventing approximately 25.4 million metric tons of CO₂ emissions, equating to removing 5.5 million cars from the roads for a year. These initiatives reflect RBI's dedication to sustainable growth without increasing emissions.

Burger King announces the permanent ban of 120 artificial ingredients from its food menu, enhancing its commitment to real food. Starting September 12, guests can enjoy the 'Keep It Real Meals,' featuring celebrity-endorsed meal options. The campaign aims to align with changing consumer preferences for quality ingredients. The company promotes its new Royal Perks program, allowing members to purchase these meals for $6. This initiative positions Burger King as a leader in the fast-food industry regarding ingredient transparency and customer experience.