Strong Comps & Menu Innovation Aid Restaurant Brands, Costs High
Restaurant Brands International(QSR) 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- ...