It has been around a year since I last looked at Restaurant Brands International (NYSE: QSR ), owner of the Burger King, Tim Hortons, Popeyes Louisiana Kitchen and Firehouse Subs chains. While I didn't think the valuationI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names on 'The UK ...

Toronto, Ontario--(Newsfile Corp. - November 19, 2024) -  Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce it has signed a franchisee for Kingston, Ontario for its Heal Wellness brand, a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR").Heal Wellness 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6625/230560_0479325af42f ...

Toronto, Ontario--(Newsfile Corp. - November 15, 2024) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce that it has secured a real-estate location for its Heal Wellness brand located at 1819 Avenue Road, for its existing multi-unit franchisee in Toronto, Ontario. This marks the 10th Heal location in Ontario, and the 5th in Toronto. Heal Wellness ("Heal") is a fresh smoothie bowls, acai bowls, and ...

GRAYS, ENGLAND - FEBRUARY 5: A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant ... [+] sign at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom. (Photo by John Keeble/Getty Images)Getty ImagesAfter a 10% decline since the beginning of this year, at the current price of around $68 per share, we believe Restaurant Brands International Inc. stock (NYSE: QSR), one of the largest fast-food restaurant chains in the world, including Burger King, Tim Hortons, Popeyes, and, since ...

Core Insights - The article discusses the expertise of a seasoned equity analyst and accountant specializing in restaurant stocks, highlighting the analytical models and valuation techniques employed to provide insights and strategies for investors [1]. Company Overview - The company, Goulart's Restaurant Stocks, focuses on analyzing various segments of the U.S. restaurant market, including QSR, fast casual, casual dining, fine dining, and family dining [1]. - The founder has a strong academic background in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership [1]. Analytical Approach - Advanced analytical models and specialized valuation techniques are utilized to deliver detailed insights, aiding investors in making informed decisions [1]. - The company engages in academic and journalistic initiatives, contributing to institutions that promote economic freedom [1]. Market Engagement - The founder has previously contributed to discussions on monetary policy, financial education, and financial modeling, aiming to make these topics accessible to a broader audience [1]. - Experience includes accounting and business consulting for companies across LATAM, serving as an independent accountant and consultant [1].

Restaurant Brands International, Inc. (QSR) reported third-quarter 2024 results with earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.QSR’s Q3 Earnings & Revenue DiscussionQSR reported adjusted earnings per share (EPS) of 93 cents, missing the Zacks Consensus Estimate of 94 cents. Organically, the bottom line grew 4.6% year over year.Quarterly net revenues of $2.29 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐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 | --- | --- | |------------------------------------------------------|--------------------------| | (Ex ...

Financial Data and Key Metrics Changes - For Q3 2024, global comparable sales were relatively flat, up 0.3% year-over-year, while global system-wide sales grew by 3.2% [21][27] - Organic adjusted operating income (AOI) increased by 6.1%, and organic adjusted EPS rose by 4.6% [21][27] - Year-to-date organic adjusted operating income growth is over 7.5%, with expectations to exceed 8% AOI growth for the full year 2024 [8][29] Business Line Data and Key Metrics Changes - Tim Hortons contributed 43% of AOI, with comparable sales in Canada increasing by 2.7%, primarily driven by traffic growth [8][11] - The International segment, which drives 25% of adjusted operating income, saw comparable sales grow by 1.8% and system-wide sales growth of 8.0% [11][12] - Burger King US experienced a decline in comparable sales of 0.4% and a 1.5% decline in system-wide sales [14][18] - Popeyes U.S. grew net restaurants by 3.6%, but comparable sales declined by 3.8%, resulting in a system-wide sales decrease of 0.8% [18][19] Market Data and Key Metrics Changes - The company noted that the broader QSR industry in Canada is experiencing a softer consumer environment, yet Tim Hortons maintains a leading market share [8][9] - International markets like Australia, Spain, Korea, the UK, and Japan showed growth for Burger King, while challenges remain in France and China [11][12] - The company is optimistic about growth opportunities in markets like India and Mexico, with significant potential for expansion [52] Company Strategy and Development Direction - The company aims to provide compelling value to guests through quality products, exceptional service, and unmatched convenience, which is expected to drive sustainable growth [6][8] - There is a focus on improving operations and enhancing the guest experience, particularly for Popeyes and Burger King [19][34] - The company is committed to achieving long-term growth targets of 3% plus comparable sales growth, 5% plus net restaurant growth, and 8% plus AOI growth over the next five years [29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macro and competitive environment but expressed confidence in the company's ability to outperform peers [6][32] - The company is actively addressing areas of underperformance and is focused on protecting profitability for franchisees [32][34] - There is optimism regarding the long-term prospects in China, despite current challenges, with a commitment to finding solutions [28][56] Other Important Information - The company generated $485 million of free cash flow in Q3, with a total liquidity of $2.4 billion [24][25] - A dividend of $0.58 per common share was declared for Q4, totaling $2.32 per share for the year [26] Q&A Session Summary Question: International business performance and market share - Management indicated that Burger King teams in international markets are successfully taking market share by focusing on quality and operational excellence [38] Question: Growing the Burger King US franchisee base - Discussions are ongoing to increase the franchisee base, with potential new franchisees coming from existing team members and Carrols units [42][43] Question: Unit growth outlook beyond Burger King China - Management highlighted progress in Burger King US and other brands, with expectations for growth in Tims and Firehouse [50][51] Question: Burger King China situation and Tims Canada outlook - Management is committed to resolving issues in China and remains optimistic about Tims Canada, focusing on ticket growth and operational improvements [56][59] Question: Popeyes performance and cash returns - Management noted that Popeyes experienced softer same-store sales but has since improved with new value offerings, leading to better franchise profitability [62]

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Restaurant Brands (QSR) reported $2.29 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 24.7%. EPS of $0.93 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of -0.46% over the Zacks Consensus Estimate of $2.3 billion. With the consensus EPS estimate being $0.94, the EPS surprise was -1.06%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...