Restaurant Brands International Inc. QSR is set to release earnings results for its second quarter, before the opening bell on Aug. 8, 2024. Analysts expect the Toronto, Canada-based company to report quarterly earnings at 87 cents per share. Restaurant Brands is projected to report quarterly revenue of $2.03 billion, according to data from Benzinga Pro. On July 1, Restaurant Brands International announced investments to drive growth in China. Restaurant Brands shares fell 1.7% to close at $70.52 on Wednesd ...

Restaurant Brands (QSR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...

SALUS Fresh Foods SALUS Fresh Foods, an asset light 100% franchised system, has nine (9) established street-front and food court real estate locations in Ontario. "When looking for an acquisition we look for the 3 P's: People, Product and Process. With co-founders Adam and David Spagnuolo of SALUS Fresh Foods, we found exactly that," said Sean Black, Chief Investment Officer of Happy Belly. SALUS Fresh Foods SALUS Fresh Foods Happy Belly will issue such number of common shares of Happy Belly equal in value ...

Toronto, Ontario--(Newsfile Corp. - July 24, 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 as of July 23rd 2024, an area development agreement for the province of Ontario for the opening of 40 franchised restaurants of Heal Wellness ("Heal"), a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR"). Heal Wellness To view an enhanced version of this gr ...

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/217076_fa432d89d4e9f975_002full.jpg "Opening our newest Heal Wellness franchised location marks another significant step in expanding our footprint in Western Canada. This is our second (2nd) Heal store opening in Western Canada in the past six (6) weeks, with seven (7) other locations under construction throughout Alberta and British Columbia, and eleven (11) in total across Canada," said Sean Black, Chief ...

Clearly, options traders are pricing in a big move for Restaurant Brands shares, but what is the fundamental picture for the company? Currently, Restaurant Brands is a Zacks Rank #3 (Hold) in the Retail - Restaurants industry that ranks in the Top 43% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter f ...

"The University of Calgary, with its vibrant campus community of over 33,000 students and 203,000 Alumni, is an ideal location for Heal's menu of smoothies and acai bowls. The diverse and health-conscious student population is always on the lookout for nutritious and convenient meal options that can fit into their busy schedules. Additionally, the university's commitment to wellness and healthy living aligns perfectly with the offerings of Heal, ensuring a steady stream of customers," said Sean Black, Chief ...

Roland Magnusson Investment Thesis Macro Environment Tight consumer budgets have been instrumental in sparking a price war among fast food chains. While Burger King will now offer a discounted menu for $5 for an extended period of time, McDonald's will only offer a similar menu with the same price tag in the summer time to not wake up demand. | --- | --- | --- | --- | |----------------------|----------------------------|-------------|------------------| | Country | No. Of locations \|Country | | No. Of loca ...

Restaurant Brands International Inc. (QSR) has announced two significant transactions aimed at bolstering its presence in China. These strategic moves reflect QSR's confidence in China as a pivotal market and its commitment to driving regional growth. The company has acquired the Popeyes China business from TH International Limited (Tims China) for an enterprise value of $15 million on a cash-free, debt-free basis. This acquisition allows QSR to directly own and operate Popeyes China, which has seen promisi ...

In addition, through one of its foreign entities, RBI has acquired the Popeyes China business from Tims China on a cash-free debt-free basis for an enterprise value of $15 million. Simultaneously, Tims China has extinguished the deferred consideration due to former shareholders of Popeyes China via issuance of a $15 million convertible note, which converts directly into ordinary shares with financial terms similar to those outlined above. ABOUT TH INTERNATIONAL LIMITED Forward-Looking Statements Investor Re ...