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Restaurant Brands (QSR) Up 8.1% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-14 16:36
A month has gone by since the last earnings report for Restaurant Brands (QSR) . Shares have added about 8.1% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Restaurant Brands due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Restaurant Brands Q4 Earnings & Revenues T ...
Restaurant Brands International Announces Leadership Changes to Support Long-Term Growth
Prnewswire· 2024-03-14 10:30
Sami Siddiqui Appointed Chief Financial Officer  Thiago Santelmo Appointed President of International Jeff Klein Appointed President of Popeyes US and Canada  TORONTO, March 14, 2024 /PRNewswire/ - Josh Kobza, Chief Executive Officer of Restaurant Brands International Inc. ("RBI", "Company") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today announced leadership team changes to support the Company's long-term growth outlook of reaching a minimum of 40,000 restaurants, $60B in system-wide sales and $3.2B in Adjusted Op ...
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Carrols Restaurant Group, Inc. (Nasdaq - TAST), Hess Corporation (NYSE – HES), VIZIO Holding Corp. (NYSE - VZIO), Everi Holdings Inc. (NYSE – EVRI)
Newsfilter· 2024-03-11 16:29
BALA CYNWYD, Pa., March 11, 2024 (GLOBE NEWSWIRE) --  Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you. Carrols Restaurant Group, Inc. (Nasdaq - TAST) Under the terms of the agreement, Carrols will be acquired by Restaurant Brands International Inc. ("RBI") (NYSE:QSR) Carrols ...
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
Restaurant Brands International Inc. (NYSE:QSR) Q4 2023 Earnings Conference Call February 13, 2024 8:30 AM ET Company Participants Kendall Peck - Head of Investor Relations Joshua Kobza - Chief Executive Officer Matthew Dunnigan - Chief Financial Officer Patrick Doyle - Executive Chairman Conference Call Participants Brian Bittner - Oppenheimer & Co. Danilo Gargiulo - Bernstein John Ivankoe - JPMorgan Chase & Co. David Palmer - Evercore ISI Dennis Geiger - UBS Andrew Charles - TD Cowen Christopher Carril - ...