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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

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Restaurant Brands International Inc. (QSR) will announce its second quarter 2022 financial results on August 4, 2022, followed by an investor conference call at 8:30 a.m. Eastern Time. The earnings call will be accessible via webcast on the company's investor relations website, with a replay available for 30 days. Investors can join the call through various dial-in numbers, using access code 194063. RBI, a leading quick service restaurant company, has over $35 billion in annual sales and operates more than 29,000 restaurants globally.

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On June 15, 2022, Restaurant Brands International (QSR) held its Annual Meeting of Shareholders, achieving a voter turnout of 86.27% with 390,350,362 eligible votes. All twelve nominees for the Board of Directors were elected, each being an incumbent. Notably, João M. Castro-Neves received 99.83% approval, while Alexandre Behring garnered 92.81%. The results will be filed with Canadian and U.S. securities regulators. RBI operates over 29,000 restaurants worldwide, generating approximately $35 billion in annual sales.

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Restaurant Brands International Inc. (TSX: QSR, NYSE: QSR) announced that Matthew Dunnigan, CFO, will participate in a fireside chat at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference on June 14, 2022, at 9:00 am ET. A live audio webcast will be accessible on their investor relations website and will remain available for 30 days post-event. RBI is a leading quick service restaurant company with over $35 billion in annual sales and more than 29,000 restaurants globally, owning brands like TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®.

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Restaurant Brands International Inc. (TSX: QSR), a leading quick service restaurant company, announced that its CEO, José Cil, will speak at the RBC Capital Markets 2022 Global Consumer & Retail Conference on June 2, 2022, at 9:20 am ET. A live audio webcast will be accessible on the company's investor relations website and will remain available for 30 days post-event. RBI operates iconic brands including TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, boasting over $35 billion in annual sales and 29,000 restaurants across more than 100 countries.

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Restaurant Brands International Inc. (QSR) will participate in the Cowen 6th Annual Future of the Consumer Conference on May 25, 2022, at 9:20 am ET. Key speakers include Joshua Kobza, Chief Operating Officer, and Frank Liberio, Chief Information Officer. A live audio webcast will be accessible on the company’s investor relations website, available for 30 days post-event. RBI operates four major brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, with over $35 billion in annual sales and 29,000+ locations globally.

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Restaurant Brands International reported a robust first quarter, showcasing a 14% year-over-year growth in system-wide sales, translating to nearly $1 billion. Comparable sales rose by 8%, driven by over 10% growth at Tim Hortons Canada and over 20% at Burger King International. Digital sales reached an all-time high, and a record number of restaurant openings were noted. The company returned over $400 million to shareholders through dividends and buybacks during the quarter.

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Burger King has launched a new benefit for its Royal Perks members, offering free fries every week for the remainder of the year with any purchase. The program, available at participating U.S. locations, allows members to choose any size fry and is part of a broader loyalty initiative that includes earning Crowns for spending, daily upsizing options, and exclusive member rewards. The promotion started on April 25, 2022, and members must sign up by June 20, 2022, to participate.

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Burger King and Cargill have launched a partnership with the National Fish and Wildlife Foundation to support ranchers in the Southern Great Plains. This five-year initiative will provide up to $5 million in funding, aiming to sequester up to 360,000 metric tons of carbon dioxide equivalent annually, enough to power 43,000 U.S. homes for a year. The collaboration focuses on regenerative agriculture practices to improve grassland management and reduce greenhouse gas emissions, with a total projected impact of $10 million.

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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.

Restaurant Brands International Inc.

NYSE:QSR

QSR Rankings

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