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Tims China to Present at Upcoming Conferences
Newsfilter· 2024-03-06 03:26
SHANGHAI, China, and NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China ("Tims China" or the "Company") will be attending and participating in the following upcoming conferences next week: Wednesday March 13: BofA Securities Consumer and Retail Conference 2024. Tims will participate in a fireside chat at 10.30am ET. Thursday March 14: UBS Global Consumer and Retail Conference 2024. Tims will ...
Tims China Celebrates its Five-Year Anniversary
Newsfilter· 2024-02-26 04:50
SHANGHAI, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Tims China (NASDAQ:THCH) reached the significant milestone of its 5th anniversary in China today, celebrating our fifth year of providing outstanding guest experiences in the Chinese market. Just in the last year, some of the notable milestones we crossed included opening our 900th store, entering our 60th city in China and welcoming our 18 millionth loyalty club member. Tims China 5th Anniversary Concurrent with Tims China's celebrations, Tim Hortons, the global ...
Restaurant Brands International(QSR) - 2023 Q4 - Annual Report
2024-02-21 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36786 RESTAURANT BRANDS INTERNATIONAL INC. 130 King Street West, Suite 300 M5X 1E1 Toronto, Ontario (Address of Pr ...
Restaurant Brands International Inc. Introduces Five-Year Growth Outlook
Prnewswire· 2024-02-15 19:29
Outlook delivers 40,000 restaurants, $60B in system-wide sales and $3.2B in Adjusted Operating Income by 2028Average annual 3%+ comparable sales and 5%+ net restaurant growth to drive 8%+ system-wide sales growthEfficient flow through expected to result in average annual Adjusted Operating Income growth of 8%+Efficient capital allocation with a focus on high return business investments and consistent dividend growth TORONTO, Feb. 15, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI", "Company ...
Restaurant Brands expands its Burger King franchise empire
MarketBeat· 2024-02-15 12:28
Key PointsRestaurant Brands is the parent company and owner of iconic brands, including Burger King, Tim Horton's, Firehouse Subs and Popeyes Louisiana Kitchen.The company acquired Carrols Restaurant, the largest Burger King franchisee, for $9.55 in cash.With its ongoing "Reclaim the Flame" revitalization plan, Burger King is advancing to redesign, upgrade and improve its restaurants, marketing and menu items.5 stocks we like better than Restaurant Brands InternationalQuick-service restaurant company Restau ...
Restaurant Brands (QSR) Q4 Earnings & Revenues Top Estimates
Zacks Investment Research· 2024-02-14 16:00
Restaurant Brands International, Inc. (QSR) reported fourth-quarter 2023 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis.Following the results, the company’s shares dropped 4.5% during trading hours on Feb 13. Negative investor sentiments were witnessed as management cited concerns about an uncertain operating environment because of inflationary pressures, foreign exchange volatility, rising interest rates and general ...
Restaurant Brands International(QSR) - 2023 Q4 - Earnings Call Transcript
2024-02-13 18:18
Operator Lauren Silberman Matthew Dunnigan As it relates to pass-through of commodity prices, we do that, as you recall, we do that with a bit of a lag. So we try to price through in a reasonable way what we see happening in the commodity market, but we do that in intervals throughout the year a couple of times a year. It doesn't happen on a frequent recurring basis. Having said that, I think the overall commodity cost environment has balanced out and stabilized quite a bit over the past few quarters. Thank ...
Compared to Estimates, Restaurant Brands (QSR) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-13 15:36
Restaurant Brands (QSR) reported $1.82 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.8%. EPS of $0.75 for the same period compares to $0.72 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.8 billion, representing a surprise of +1.01%. The company delivered an EPS surprise of +2.74%, with the consensus EPS estimate being $0.73.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...
Restaurant Brands (QSR) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-13 13:41
Restaurant Brands (QSR) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.74%. A quarter ago, it was expected that this operator of Burger King and Tim Hortons restaurant chains would post earnings of $0.84 per share when it actually produced earnings of $0.90, delivering a surprise o ...
Burger King owner beats guidance as Tim Hortons sales rally
Proactive Investors· 2024-02-13 12:48
About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...