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Burger King® Company to Acquire Carrols Restaurant Group
Prnewswire· 2024-01-16 12:00
Burger King to remodel acquired restaurants over the next 5 years, accelerating Burger King's path to modern image Over time, Burger King to refranchise large majority of newly remodeled restaurants to smaller franchisee groups TORONTO, Jan. 16, 2024 /PRNewswire/ -- Restaurant Brands International Inc. ("RBI" or the "Company") (TSX: QSR) (NYSE: QSR) (TSX: QSP) and Carrols Restaurant Group, Inc. ("Carrols") (NASDAQ: TAST) today announced that they have reached an agreement for RBI to acquire all of Carrols ...
Tims China Partners with Shanghai Metro to Open Tims Coffee Shops in "Line 14" Stations
Newsfilter· 2024-01-16 05:00
SHANGHAI, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the opening of the first seven Tims China stores in Shanghai Metro stations. The partnership will be expanded to include more Tims coffee shops in "Line 14" stations. The Tims coffee shops are conveniently located within the metro stations so commuters can grab a coffee on the go. The stores offer new and exc ...
Restaurant Brands (QSR) Hits 52-Week High: What's Driving It?
Zacks Investment Research· 2024-01-11 17:02
Restaurant Brands International Inc. (QSR) reached a new 52-week high of $79.45 on Jan 10. The stock pulled back to end the trading session at $78.63, up 0.9% from the previous day’s closing price of $77.91.The current Zacks Rank #2 (Buy) company’s shares gained 25.1% in the past three months, outperforming the Zacks Retail - Restaurants industry’s 14.3% growth, the Zacks Retail-Wholesale sector’s 14.8% increase and the S&P 500 Index’s 9.5% rise.The company is benefiting from its expansion initiatives, menu ...
Popeyes® Expands in China with 10th Store
Newsfilter· 2024-01-09 09:00
SHANGHAI, China, Jan. 09, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the grand opening of its 10th Popeyes store in Shanghai, marking a significant milestone. Queues at Popeyes Shanghai restaurant on opening day In March, Tims China acquired the exclusive rights to operate and franchise Popeyes in mainland China and Macau. Since then, Tims China has repositioned the Popeyes b ...
Restaurant Brands International Inc. Announces Revised Segment Reporting
Prnewswire· 2024-01-08 11:45
New Segments Provide Enhanced Disclosure on International and Home Market BusinessesRBI to Report Under New Segments Beginning with Year-End 2023 Results on February 13, 2024TORONTO, Jan. 8, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI", "the Company") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today announced details of its shift in reportable segments and definition of segment income. Segment Contribution: LTM September 30, 2023 (CNW Group/Restaurant Brands International Inc.) Beginning with ...
Tims China Launches Collaboration with DiDi to Expand Customer Base
2023-12-21 11:29
SHANGHAI, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, has partnered with ride-hailing company DiDi Chuxing ("DiDi") as part of a brand-building campaign. This new partnership focuses on cross-brand and cross-channel marketing, leveraging Didi's large customer base to bolster awareness of the Tims China brand. DiDi app users who hailed rides between November 27 and Decembe ...
Restaurant Brands International(QSR) - 2023 Q3 - Earnings Call Transcript
2023-11-03 18:17
Restaurant Brands International Inc. (NYSE:QSR) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Kendall Peck - Head of Investor Relations Josh Kobza - Chief Executive Officer Matt Dunnigan - Chief Financial Officer Patrick Doyle - Executive Chairman Conference Call Participants Dennis Geiger - UBS Brian Bittner - Oppenheimer David Palmer - Evercore ISI Andrew Charles - TD Cowen Lauren Silberman - Deutsche Bank John Ivankoe - JPMorgan Eric Gonzalez - KeyBanc Capital Markets ...
Restaurant Brands International(QSR) - 2023 Q3 - Quarterly Report
2023-11-02 16:00
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, 2023 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. (Exact Name of Registrant as Specified in its Charter) Canada 98-1202 ...
Restaurant Brands International(QSR) - 2023 Q2 - Earnings Call Transcript
2023-08-08 16:25
Restaurant Brands International Inc. (NYSE:QSR) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Company Participants Patrick Doyle - Executive Chairman Josh Kobza - Chief Executive Officer Matt Dunnigan - Chief Financial Officer Kendall Peck - Head of Investor Relations Conference Call Participants Andrew Charles - TD Cowen Brian Bittner - Oppenheimer David Palmer - Evercore Dennis Geiger - UBS Brian Harbour - Morgan Stanley Eric Gonzalez - KeyBanc Chris Carril - RBC Capital Group Sara Senatore - ...
Restaurant Brands International(QSR) - 2023 Q2 - Quarterly Report
2023-08-07 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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. (Exact Name of Registrant as Specified in its Charter) Canada 98-1202754 (State or ...