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Restaurant Brands International Inc. (RBI), trading under the symbol QSR, is a global leader in the quick service restaurant (QSR) industry. Founded in 2014 following 3G Capital's acquisition of Tim Hortons International, RBI is headquartered in Toronto, Canada. The company boasts over 30,000 restaurants across more than 100 countries, generating approximately $43 billion in system-wide sales in 2023.
RBI owns and operates four iconic brands: Tim Hortons®, Burger King®, Popeyes Louisiana Kitchen®, and Firehouse Subs®. These brands have a rich history of serving their communities, guests, and franchisees with dedication and quality for decades. Tim Hortons leads in the hot brewed coffee and baked goods market in Canada, while Burger King is renowned globally for its flame-grilled burgers. Popeyes is celebrated for its authentic Louisiana-style fried chicken, and Firehouse Subs is consistently rated highly for its quality and flavor.
RBI's revenue streams are diversified, coming from retail sales at company-owned restaurants, royalty fees, lease income from franchised stores, and Tim Hortons' supply chain operations. The company emphasizes growth and innovation across its brands, leveraging global scale and shared best practices to enhance operational efficiency and customer experience.
Recent strategic initiatives include RBI's acquisition of Carrols Restaurant Group, the largest Burger King franchisee in the U.S., which is set to boost the company's footprint and franchisee profitability through the
Restaurant Brands International has launched an offering of $800 million in 3.875% First Lien Senior Secured Notes due 2028. This follows a previous issuance of $750 million in similar notes. The funds will be used to redeem $775 million of the 4.250% First Lien Senior Secured Notes due 2024, covering principal, interest, and related costs. These notes are secured by the company’s subsidiaries, and the offering is targeted towards qualified institutional buyers under Rule 144A and Regulation S. Restaurant Brands operates over 27,000 restaurants globally.
Restaurant Brands International (QSR) will participate in the Evercore ISI Consumer & Retail Summit on June 17, 2021, at 4:15 PM ET. A live audio webcast will be accessible on their investor relations website for 30 days post-event. Restaurant Brands International is a leading quick-service restaurant company with about $31 billion in annual sales and over 27,000 restaurants worldwide, home to renowned brands like TIM HORTONS, BURGER KING, and POPEYES.
Restaurant Brands International Inc. (TSX: QSR, NYSE: QSR) announced its participation in the Bernstein Strategic Decisions Conference on June 4, 2021, at 11:00 AM Eastern Time. A live audio webcast will be accessible on the company's investor relations website and will remain available for 30 days post-event. RBI, a leading quick-service restaurant company, generates approximately $31 billion in annual sales and operates over 27,000 restaurants across more than 100 countries, featuring brands like TIM HORTONS®, BURGER KING®, and POPEYES®.
Burger King introduces the new hand-breaded Ch’King sandwich, available nationwide starting June 3. The product aims to rival the iconic Whopper and features options like Spicy Ch’King and Deluxe versions. Guests can receive a free Whopper with the purchase of a Ch’King through the app or website, valid until June 20. The Ch’King is praised for its crispiness and juiciness, with positive feedback from early tasters. Burger King, founded in 1954, operates over 18,800 locations globally, primarily through independent franchisees.
Burger King is launching a green packaging pilot program aimed at reducing its environmental impact. This initiative focuses on scalable solutions for eight frequently used items, which include forks, spoons, knives, straws, drink lids, Frypods, Whopper wrappers, and napkins. By investing in sustainable practices, the company aims to enhance its commitment to a more eco-friendly future.
Restaurant Brands International (QSR) reported a return to growth in Q1 2021, with system-wide sales surpassing 2019 levels. The company opened 148 net new restaurants, nearing its best Q1 performance. Tim Hortons saw a 31% surge in digital sales in Canada, while Burger King's $1 Your Way menu drove positive results. Popeyes plans to expand by over 1,000 restaurants in the UK, India, Mexico, and Saudi Arabia over the next decade. The company declared a dividend of $0.53, payable on July 7, 2021. Overall, RBI's financial health shows improvements in net income and adjusted EBITDA.
Restaurant Brands International (QSR) will announce its first quarter 2021 financial results on April 30, 2021. An investor conference call will be held at 8:30 a.m. Eastern Time on the same day, available for streaming on the company's investor relations website. Dial-in access is provided for U.S., Canadian, and international callers. Restaurant Brands International is known for its popular quick service brands like TIM HORTONS®, BURGER KING®, and POPEYES®, boasting over $31 billion in annual sales across 27,000+ restaurants worldwide.
Popeyes® has partnered with Jubilant Foodworks Limited to open hundreds of restaurants in India, Bangladesh, Nepal, and Bhutan over the coming years. This expansion is expected to capitalize on the growing demand for chicken in these regions. With over 3,400 locations globally, Popeyes® is known for its unique Louisiana-style menu. The initiative aims to introduce the brand's iconic offerings to new customers while strengthening its brand presence internationally. This agreement positions Popeyes® as a key driver of growth for Jubilant Foodworks.
Popeyes® has announced a significant expansion in Mexico, partnering with JK Capital to open hundreds of new locations over the coming years. Currently, Popeyes operates only in Guadalajara but aims to extend its presence to major cities, including Mexico City, by leveraging its successful international expansion model. The brand is known for its Louisiana-style chicken and famous Chicken Sandwich, which gained popularity in the U.S. since its launch in 2019. This growth targets the vibrant quick service restaurant (QSR) market in Mexico.
Tim Hortons has announced a C$80M corporate investment aimed at enhancing advertising, improving product quality, and advancing digital experiences in 2021. This investment aligns with the company's 'Back to Basics' plan, which includes the launch of new menu items such as dark roast coffee and Craveables lunch sandwiches. The digital engagement through the Tims Rewards program has significantly increased, with active users rising five-fold since 2018. This investment also marks a commitment to boost advertising contributions by restaurant owners, fostering a stronger brand presence in Canada.
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