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Restaurant Brands International Inc. - QSR STOCK NEWS

Welcome to our dedicated page for Restaurant Brands International news (Ticker: QSR), a resource for investors and traders seeking the latest updates and insights on Restaurant Brands International stock.

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

News

Restaurant Brands International Inc. to Participate in Scotiabank Back to School Conference

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RBI executives to participate in Scotiabank Back to School Conference on September 20th, 2023 at 10:00 am ET.
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Restaurant Brands International Inc. Announces Renewal of Normal Course Issuer Bid

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Restaurant Brands International Inc. receives approval for renewal of normal course issuer bid for common shares
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Restaurant Brands International Inc. Announces Intention to Extend Term Loan Facilities and Amend Revolving Credit Facility

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RBI intends to amend their credit facilities, extending the maturity of Term Loan A to 2028, Term Loan B to 2030, and increasing the availability of the Revolving Credit Facility to $1.25 billion.
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Burger King, Popeyes, Firehouse Subs and Tim Hortons Renew Long-Standing U.S. Relationship with The Coca-Cola Company

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Burger King, Popeyes, Firehouse Subs, and Tim Hortons renew long-standing US relationship with The Coca-Cola Company
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Apparel Group and Firehouse Subs Join Forces and announce new expansion plans in the Middle East

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Firehouse Subs and Apparel Group to open more than 100 restaurants in UAE and Oman over the next 10 years
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Restaurant Brands International Inc. to Report Third Quarter 2023 Results on November 3, 2023

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Restaurant Brands International Inc. will release its Q3 2023 financial results on November 3, 2023, with an investor conference call at 8:30 a.m. ET.
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Restaurant Brands International Inc. Announces Adoption of Share Repurchase Authorization

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Restaurant Brands International Inc. announces share repurchase authorization.
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Restaurant Brands International Inc. Announces Pricing of Secondary Offering of Common Shares

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Restaurant Brands International Inc. announced the pricing of a secondary offering of common shares.
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Restaurant Brands International Inc. Announces Receipt of Exchange Notice, Intent to Use Common Shares to Satisfy Exchange and Commencement of Secondary Offering of Common Shares

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Restaurant Brands International Inc. (RBI) has received an exchange notice to exchange 7,136,149 Class B exchangeable limited partnership units for common shares. RBI will also have a secondary offering of up to 7,136,149 common shares. The offering is being made through an underwritten registered public offering. RBI will not sell any common shares in the offering and will not receive any proceeds.
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Restaurant Brands International Inc. Reports Second Quarter 2023 Results

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Restaurant Brands International Inc. (RBI) (TSX: QSR) (NYSE: QSR) reported a 14% growth in system-wide sales, surpassing 30,000 restaurants globally and generating over $40 billion in sales over the last 12 months. The company saw a 10% global comparable sales growth, with net income of $351 million and adjusted EBITDA of $665 million for the second quarter of 2023.
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FAQ

What is the current stock price of Restaurant Brands International (QSR)?

The current stock price of Restaurant Brands International (QSR) is $69.45 as of November 19, 2024.

What is the market cap of Restaurant Brands International (QSR)?

The market cap of Restaurant Brands International (QSR) is approximately 22.4B.

What is Restaurant Brands International Inc. (RBI)?

RBI is a global leader in the quick service restaurant industry, owning iconic brands like Tim Hortons, Burger King, Popeyes, and Firehouse Subs.

How does RBI generate revenue?

RBI's revenue streams include retail sales at company-owned restaurants, royalty fees, lease income from franchised stores, and Tim Hortons' supply chain operations.

What are RBI's core brands?

RBI owns Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and Firehouse Subs.

What recent acquisition did RBI complete?

RBI recently acquired Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for approximately $1.0 billion.

What is the 'Reclaim the Flame' plan?

The 'Reclaim the Flame' plan is RBI's strategic initiative to invest $400 million in advertising and digital efforts, and $250 million in restaurant remodels for Burger King by 2028.

What are RBI's financial highlights for 2023?

In 2023, RBI reported approximately $43 billion in system-wide sales, with notable increases across all its segments.

How is RBI enhancing its financial disclosures?

Starting in January 2024, RBI will report results under five segments: Tim Hortons, Burger King, Popeyes, Firehouse Subs, and International.

What sustainability initiatives does RBI focus on?

RBI's Restaurant Brands for Good framework focuses on improving sustainable outcomes related to food, the planet, and people.

How can I learn more about RBI?

You can learn more about RBI by visiting their official website at www.rbi.com.

What is RBI's approach to capital allocation?

RBI balances capital allocation for high-return growth opportunities, consistent dividend growth, and share repurchases at attractive valuations.

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Restaurant Brands International Inc.

NYSE:QSR

QSR Rankings

#507 Ranked by Market Cap
#917 Ranked by Dividends

QSR Stock Data

22.43B
318.95M
1.24%
88.34%
1.66%
Restaurants
Retail-eating Places
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United States of America
TORONTO