Restaurant Brands International(QSR)

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Strong Comps & Menu Innovation Aid Restaurant Brands, Costs High
ZACKS· 2024-10-11 14:20
Restaurant Brands International Inc. (QSR) is likely to benefit from strong comps growth, menu innovation and Tim Hortons business. Also, the focus on strategic acquisitions bodes well. However, elevated expenses and general softening in the consumer environment are a concern. What Makes the QSR Stock Attractive? Restaurant Brands continues to impress investors with solid comps growth. In the second-quarter 2024, the company's consolidated comparable sales were 1.9% compared with 9.6% reported in the prior- ...
Domino's Says Value Remains Key to Growth in QSR Space
PYMNTS.com· 2024-10-10 19:44
Value is the key to gaining share in the quick-service restaurant (QSR) space in today's macroeconomic environment, Domino's executives said Thursday (Oct. 10). The pizza company gained share over the past year by offering "more for less" together with rewards that keep customers coming back, Domino's CEO Russell Weiner said Thursday during the company's quarterly earnings call. "When we introduced our Hungry for MORE strategy back in December, we knew consumer spending would be pressured in 2024 and that t ...
Restaurant Brands: The Buy Thesis For Q3 Has Tim Hortons As The Main Course
Seeking Alpha· 2024-10-08 14:12
I'm an equity analyst specializing in restaurant stocks, with a solid background in Business Administration and Accounting. I also have an MBA in Forensic Accounting and Controllership.As the founder of Goulart's Restaurant Stocks, I lead a company that excels at analyzing restaurant stocks in the US market. Our approach covers a wide range of segments, including QSR, fast casual, casual dining, fine dining and family dining. We use advanced analytical models and specialized valuation techniques to provide ...
Happy Belly's HEAL Wellness QSR Announces the Opening of Its Newest Location in Vancouver's Beachside Neighbourhood of Kitsilano, British Columbia
Newsfile· 2024-10-04 10:55
Toronto, Ontario--(Newsfile Corp. - October 4, 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 the opening of its newest Heal Wellness location in the Kitsilano neighbourhood of Vancouver, British Columbia, this Saturday October 5th, 2024. Heal Wellness 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/6625/225562_7767ca63249ea97e_002full.jpg ...
Restaurant Brands International to Report Third Quarter 2024 Results on November 5, 2024
Prnewswire· 2024-09-25 11:30
Company Overview - Restaurant Brands International Inc. (RBI) is one of the largest quick service restaurant companies globally, with over $40 billion in annual system-wide sales and more than 30,000 restaurants across over 120 countries and territories [3]. Upcoming Financial Results - RBI will release its third quarter 2024 financial results on November 5, 2024, with an investor conference call scheduled for 8:45 a.m. Eastern Time on the same day [1]. Investor Access - The earnings call will be available via webcast on the company's investor relations website, and a replay will be accessible for 30 days post-release. Dial-in numbers for the conference call include 1 (833)-470-1428 for U.S. callers, 1 (833)-950-0062 for Canadian callers, and 1 (929)-526-1599 for international callers, with an access code of 309027 [2]. Brand Portfolio - RBI owns four prominent quick service restaurant brands: Tim Hortons®, Burger King®, Popeyes®, and Firehouse Subs®, which have been serving their respective markets for decades [3]. Sustainability Initiatives - Through its "Restaurant Brands for Good" framework, RBI is focused on improving sustainable outcomes related to food, the planet, and communities [3].
What Buybacks and Lower Rates Could Mean for Restaurant Brands
MarketBeat· 2024-09-17 13:46
Restaurant Brands NYSE: QSR owns massive fast-food chains like Burger King, Popeyes, and Tim Hortons. The company has received approval for its share buyback program, under which it will be able to repurchase up to 10% or $500 million worth of its outstanding shares over the next year. Let's explore what this announcement really means and compare the company to the competition on key metrics. Get QSR alerts: Repurchases: Better to Have and Not Need Than the Other Way Around Restaurant Brands International T ...
Happy Belly's HEAL Wellness QSR Announces the Signing of a Franchise Agreement for Niagara Falls, Ontario
Newsfile· 2024-09-16 10:55
Core Insights - Happy Belly Food Group Inc. has signed a franchise agreement for its Heal Wellness brand in Niagara Falls, Ontario, expanding its presence in the quick serve restaurant sector focused on healthy food options [1][2]. Company Growth - Heal Wellness has grown from two locations at the time of acquisition to eleven operating locations across three provinces, with a total of 44 franchise agreements signed [2]. - The company has a development pipeline with contractual commitments for 376 units across all seven restaurant brands, including 100 units specifically for Heal [3]. Market Potential - Niagara Falls is identified as a promising market due to its tourism, active lifestyle, and high-traffic retail environment, which aligns with the demand for nutritious food options [3]. - The region attracts tens of thousands of tourists and has numerous parks and recreational facilities, enhancing the potential customer base for Heal Wellness [3]. Expansion Strategy - Happy Belly anticipates multiple store openings across its brands throughout 2024-2025, driven by ongoing franchise agreements and securing prime real estate locations [4]. - The rapid expansion of Heal Wellness is seen as a testament to the company's effective execution of its asset-light franchising model, with plans to accelerate corporate store development as free cash flow increases [4]. Product Offering - Heal Wellness focuses on providing quick, fresh wellness foods, including a diverse range of smoothie bowls and smoothies made with superfood ingredients [5]. Company Overview - Happy Belly Food Group Inc. is recognized as a leading consolidator of emerging food brands, emphasizing its growth and expansion in the food service industry [6].
Restaurant Brands International Inc. Announces Pricing of First Lien Senior Secured Notes Offering
Prnewswire· 2024-09-03 22:08
TORONTO, Sept. 3, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP), 1011778 B.C. Unlimited Liability Company (the "Issuer") and New Red Finance, Inc. (the "Co-Issuer" and, together with the Issuer, the "Issuers") announced today that the Issuers have priced an offering of $500 million in aggregate principal amount of 5.625% First Lien Senior Secured Notes due 2029 (the "Notes"). The closing of the offering of the Notes is expected to occur on or about Septem ...
Happy Belly's HEAL Wellness QSR Announces the Opening of its Newest Location in Toronto, Ontario
Newsfile· 2024-09-03 10:55
Core Insights - Happy Belly Food Group Inc. has opened its 11th Heal Wellness location in Toronto, marking significant growth in its portfolio of emerging food brands in 2024 [1] - The company has a commitment for 376 retail units across Canada and the US, with a strong pipeline of franchisee applications [1][2] - The new location is expected to enhance Heal's customer base in a densely populated area, aligning with the brand's target demographics [1] Group 1: Company Expansion - The opening of the Heal Wellness location is part of a broader strategy, with seven restaurant openings in the Happy Belly portfolio this year and more planned [1] - The company is actively sourcing real estate and reviewing franchisee applications to support its asset-light franchising model [2] - Five brands within the Happy Belly portfolio currently have store locations under construction, indicating ongoing expansion efforts [1] Group 2: Brand and Product Offering - Heal Wellness focuses on providing quick, fresh wellness foods, including a diverse range of smoothie bowls and smoothies made with superfood ingredients [3] - The brand emphasizes the use of real fruit and superfoods like acai, pitaya, and chia seeds in its menu offerings [3] Group 3: Market Opportunity - Toronto's growing population and active lifestyle culture create a strong demand for nutritious food options, presenting substantial opportunities for the Heal brand [1] - The company anticipates that the new location will leverage in-store and delivery services to capture market share in the area [1]
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
Prnewswire· 2024-08-12 20:07
Core Points - Restaurant Brands International Inc. (RBI) announced the exchange of 6,528,013 Class B exchangeable limited partnership units for an equal number of common shares [1] - The Selling Shareholder, an affiliate of 3G Capital, has initiated a public offering of up to 6,528,013 common shares [3] - RBI will not sell any common shares in the offering and will not receive any proceeds from the sale [4] Company Overview - RBI is one of the largest quick service restaurant companies globally, with over $40 billion in annual system-wide sales and more than 30,000 restaurants across over 120 countries [7] - The company owns four major quick service restaurant brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS® [7] - RBI is committed to improving sustainable outcomes related to food, the planet, and communities through its Restaurant Brands for Good framework [7]