Restaurant Brands International(QSR)

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Tims China Surpasses 20 Million Loyalty Club Members
Newsfilter· 2024-04-10 02:05
SHANGHAI, China and NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, surpassed 20 million registered loyalty club members on March 31, 2024. [20 Million Member Milestone] Loyalty club members are a crucial driver of Tims China's growth, and this milestone underscores the customers' embrace of our program. Yongchen Lu, CEO of Tims China, said, "The months around our fif ...
Burger King, In-N-Out and other chain locations in California raise prices after minimum wage increase: report
Fox Business· 2024-04-05 14:36
Prices for burgers, fries and other fast food items have increased at various restaurant chains across California, according to a recent report. A New York Post investigation revealed that some fast food chains in the Los Angeles area raised prices on April 1, after new California statewide legislation went into effect Monday enforcing a $20 minimum wage for restaurants that have at least 60 locations nationwide, except those that make and sell their own bread.Gov. Gavin Newsom signed the legislation, AB 1 ...
Here's Why You Should Retain Restaurant Brands (QSR) Stock
Zacks Investment Research· 2024-04-02 16:26
Restaurant Brands International Inc. (QSR) is likely to benefit from strong comps growth, Tim Hortons performance and digitalization efforts. Also, the focus on unit expansion bodes well. However, high costs and general softening in the consumer environment are a concern.Let us discuss the factors highlighting why investors should retain the stock.Factors Driving GrowthRestaurant Brands continues to impress investors with solid comps growth. In fourth-quarter 2023, the company’s consolidated comparable sale ...
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 ...