Restaurant Brands International Inc. (QSR) is scheduled to report fourth-quarter 2023 results on Feb 13, 2024, before the opening bell. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 7.1%.Trend in Estimate RevisionThe Zacks Consensus Estimate for fourth-quarter earnings per share is pegged at 73 cents, indicating growth of 1.4% from 72 cents in the year-ago quarter.The consensus mark for revenues is pegged at $1.80 billion, suggesting an increase of 6.7% from ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Restaurant Brands (QSR) , which belongs to the Zacks Retail - Restaurants industry.This operator of Burger King and Tim Hortons restaurant chains has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 9.49%.For the last reported quarter, Restaurant Brands ca ...

Remember the bacon boom from years ago, when the porky favorite started finding its way into everything from burgers to ice cream?It turns out the boom has never gone bust.Consider how fast-food chains continue to roll out one menu item after another that incorporates bacon. This week, Burger King QSR, -0.10% introduced its Candied Bacon Whopper, which not only features the namesake item as a burger topping, but also includes bacon jam.Meanwhile, Wendy’s WEN, -0.93%, the chain that gained a measure of fame ...

Burger King is expanding its menu with the debut of two new sandwiches, including a “Candied Bacon Whopper”. One of the new bunned delights is a limited-edition, bacon-heavy take on the chain’s classic Whopper. The gut-busting burger hit restaurants on Jan. 29, USA Today reported, and is only available while supplies last.Dubbed the Candied Bacon Whopper, the menu item features sweet bacon jam, garlic aioli, candied bacon and crispy onions — alongside a beef patty, lettuce and tomato — all sandwiched betwe ...

Restaurant Brands International Inc. (QSR) is set to bolster its presence in the fast-food industry with the acquisition of Carrols Restaurant Group Inc. (TAST) for approximately $1 billion in an all-cash deal. The deal, set at $9.55 per share, represents a 23.1% premium to Carrols Restaurant’s 30-day volume-weighted average price as of Jan 12, 2024. The deal is likely to be sealed in the second-quarter of 2024.This move reflects QSR's commitment to its Reclaim the Flame plan, which is focused on persistent ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewBurger King's owner is going into the flipping business.Restaurant Brands International, the parent company of Burger King and Popeyes, announced plans Tuesday to buy more than 1,000 fast-food res ...

Burger King's parent company is buying Carrols Restaurant Group, the fast food chain's largest U.S. franchisee, for a whopping $1 billion. Restaurant Brands International Inc., which owns Burger King, Tim Hortons, Popeyes and Firehouse Subs, will purchase Carrols for $9.55 per share in an all cash transaction, the company announced Tuesday. Carrols operates 1,022 Burger King restaurants in 23 states, which brought in approximately $1.8 billion of system sales in 2023, as well as 60 Popeyes restaurants in si ...

Burger King-owner Restaurant Brands International is acquiring the largest franchisee of the fast food chain, Carrols Restaurant Group, for $1 billion in cash.Toronto-based RBI announced on Tuesday that it reached an agreement to pay $9.55 per share for Carrols, which operates 1,022 Burger King restaurants across 23 states, plus 60 Popeyes locations in 60 states.The share price represents a 23.1% premium on Carrols’ 30-day volume weighted average price as of Jan. 12, and a 13.4% premium on the Jan. 12 clos ...

Restaurant Brands International, the owner of the Burger King brand, will acquire Carrols Restaurant Group, the largest Burger King franchisee in the United States, for about $1 billion.Over the next five years, RBI will remodel about 600 of the 1,022 Burger King restaurants operated by Carrols that are “not currently considered modern image,” the company said in a Tuesday (Jan. 16) press release.It will then refranchise most of the newly acquired restaurants to smaller, local franchisees within the next se ...

BALA CYNWYD, Pa., Jan. 16, 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 ...