Welcome to our dedicated page for Restaurant Brand news (Ticker: QSR), a resource for investors and traders seeking the latest updates and insights on Restaurant Brand stock.
News on Restaurant Brands International Inc. (QSR) centers on its role as one of the world’s largest quick service restaurant companies and the owner of the Tim Hortons, Burger King, Popeyes and Firehouse Subs brands. Company announcements highlight system-wide sales across more than 32,000 restaurants in over 120 countries and territories, as well as developments that affect its franchise network, capital structure and strategic partnerships.
Investors following QSR news can expect regular updates on quarterly and annual financial results, including system-wide sales growth, comparable sales, net restaurant growth and segment performance for Tim Hortons, Burger King, Popeyes, Firehouse Subs, the International segment and the Restaurant Holdings segment. Earnings releases and related Form 8-K filings provide detail on revenues, adjusted operating income and other non-GAAP measures the company uses to describe its performance.
News flow also covers capital markets activity such as secondary offerings of common shares by large shareholders, forward sale agreements, and debt transactions including first lien senior secured notes. RBI issues press releases and files current reports when it enters into underwriting agreements, receives exchange notices for exchangeable units, or prices new securities.
Strategic and operational news includes items like the joint venture with an investment fund managed by CPE for Burger King China, which outlines new primary capital for that business and a long-term master development agreement for the Chinese market. Leadership updates at brand-level roles and participation in investor conferences are also part of the company’s news profile. For investors and observers, the QSR news stream offers insight into how RBI manages its global quick service restaurant portfolio, its franchise-focused structure and its long-term development plans.
Restaurant Brands International (QSR) has announced it will release its first quarter 2025 financial results on Thursday, May 8, 2025. The company will host an investor conference call at 8:30 a.m. Eastern Time on the same day.
The earnings call will be accessible through a webcast on the company's investor relations website, with a replay available for 30 days after the release. Investors can also join via telephone using specific dial-in numbers: 1 (833)-470-1428 for U.S. callers, 1 (833)-950-0062 for Canadian callers, and 1 (929)-526-1599 for international callers, using access code 768306.
Firehouse Subs, the American sub sandwich chain, is expanding to Australia through a development and franchise agreement between Restaurant Brands International (RBI) and Retail Food Group (RFG). The expansion plans include opening 165 restaurants across Australia in 10 years, with the first location set to launch in Southeast Queensland in late 2025.
RFG, Australia's largest multi-brand retail food franchisor, will initially open 15 company-owned restaurants in the first three years before launching franchising opportunities in year four. The expansion targets Australia's A$1.7bn sandwich market and is expected to create thousands of jobs across construction, supply chain, distribution, and restaurant operations.
Firehouse Subs, founded in 1994 by former firefighter brothers, currently operates over 1,300 restaurants globally and is known for its steamed hot sandwiches made with premium meats and cheeses sliced in-house.
Restaurant Brands International (QSR) has acquired all equity interests in Burger King China from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, (Cartesian) for approximately $158 million in an all-cash transaction. Following this acquisition, RBI now owns nearly 100% of the business.
The company plans to identify a new local operating partner to inject primary capital and become the controlling shareholder, aligning with RBI's strategy of partnering with experienced local operators while maintaining a primarily franchised business. Under TFI's partnership, Burger King expanded from approximately 60 restaurants in 2012 to 1,500 today in China. TFI will continue its operations in Turkey as one of RBI's largest business partners, while Cartesian remains a partner in the Tim Hortons business in China.
Restaurant Brands International (QSR) reported strong financial results for Q4 and full-year 2024. Global system-wide sales grew 5.6% in Q4 and 5.4% for 2024, with comparable sales up 2.5% in Q4, led by International (4.7%) and Tim Hortons Canada (2.5%).
The company's income from operations increased 17.9% year-over-year, while Organic Adjusted Operating Income grew 9%. RBI returned approximately $1.0 billion to shareholders in 2024 while maintaining investment in growth and reaching net leverage targets.
For 2025, RBI declared a target total dividend of $2.48 per common share and partnership exchangeable unit. The company also announced its long-term goals for 2024-2028, including expectations of 3%+ comparable sales growth, 5%+ net restaurant growth, and 8%+ system-wide sales growth.
Firehouse Subs has announced plans to expand into Brazil, aiming to open more than 500 restaurants over the next 10 years, with the first location set to launch in 2025. This marks the brand's entry into South America and is part of a joint venture with Restaurant Brands International (RBI) and Iuri Miranda, former CEO of Zamp S.A.
The expansion builds on Firehouse Subs' recent international growth, following successful launches in Switzerland, Mexico, UAE, and Albania. The brand currently operates over 1,300 restaurants across the U.S., Canada, and Puerto Rico. Known for its premium sandwiches and unique steaming method for meats and cheeses, Firehouse Subs will bring signature products like the Hook & Ladder™ and Firehouse Italian™ to Brazilian customers.
The venture aims to tap into Brazil's growing sandwich market, leveraging RBI's global infrastructure and digital expertise alongside local market knowledge. The expansion is expected to create thousands of jobs over the next decade.
Restaurant Brands International reported Q3 2024 results with consolidated system-wide sales growth of 3.2% year-over-year. The company saw comparable sales increase of 0.3%, with Tim Hortons Canada at +2.7% and International at +1.8%. Financial highlights include Income from Operations of $577 million and Adjusted Operating Income of $652 million, up 6.1% organically. Diluted EPS remained steady at $0.79, while Adjusted Diluted EPS rose 4.6% organically to $0.93. The company remains confident in achieving its 8%+ Adjusted Operating Income growth target for 2024.
Restaurant Brands International (RBI) QSR has announced its plans to release third quarter 2024 financial results on Tuesday, November 5, 2024. The company will host an investor conference call at 8:45 a.m. Eastern Time on the same day. Investors can access the earnings call through a webcast on RBI's investor relations website, where a replay will be available for 30 days after the release. Additionally, investors can join the conference call via dial-in numbers provided for U.S., Canadian, and international callers, using the access code 309027.
Restaurant Brands International Inc. (QSR) has announced the pricing of a $500 million offering of 5.625% First Lien Senior Secured Notes due 2029. The proceeds will be used to redeem the outstanding 5.750% First Lien Senior Secured Notes due 2025. This refinancing is expected to be neutral to net leverage and accretive to interest expense. The new notes will be guaranteed by Restaurant Brands International Partnership and its wholly-owned subsidiaries. The offering is expected to close around September 13, 2024, subject to customary conditions. The notes are being offered to qualified institutional buyers and outside the U.S. under Regulation S, and have not been registered under the Securities Act.