Core Viewpoint - Restaurant Brands International Inc. (NYSE:QSR) is a significant player in the fast-food industry, owning brands like Burger King, Tim Hortons, and Popeyes, and competes with McDonald's and Yum! Brands [1] Financial Performance - TD Cowen adjusted its price target for QSR from $74 to $72 following the Q4 2025 earnings call, indicating a strategic reassessment of the company's financial outlook [2] - The stock's current price of $66.35 reflects a decrease of approximately 6.15%, with a drop of $4.35 [2][5] Stock Performance - During trading, QSR's stock fluctuated between a low of $65.90 and a high of $69.47, with a yearly high of $73.70 and a low of $58.71 [3] - The company's market capitalization is approximately $21.75 billion, showcasing its substantial market presence [3] Investor Interest - The trading volume for QSR today is 9,099,036 shares, indicating active investor interest following the recent earnings call [4][5]

Core Insights - Restaurant Brands International (QSR) reported a 7.4% increase in Q4 revenue to $2.47 billion, with adjusted operating income rising 16.5% to $674 million, driven primarily by Tim Hortons' performance [1] - Despite meeting earnings expectations, investor reaction was lukewarm, with shares retreating slightly in early trading [1] Financial Performance - Adjusted diluted EPS was $0.96, aligning with consensus estimates - Revenue of $2.47 billion exceeded the $2.44 billion estimate by 1.2%, marking a 7.4% year-over-year growth - Adjusted operating income increased by 16.5% to $674 million, while reported operating income fell by 2.2% to $621 million - Net income from continuing operations rose 5.8% to $274 million, impacted by higher tax expenses [1] Brand Performance - Tim Hortons led the growth with revenue of $1.14 billion, up 10.6%, and comparable sales growth of 2.8% in Canada - The International segment generated $263 million in revenue, a 10.8% increase with 6.1% comparable sales growth - Burger King reported $383 million in revenue, up 2.1%, with U.S. comparable sales increasing by 2.6% - Popeyes experienced a revenue decline of 2.5% to $196 million [1] Capital Allocation and Outlook - The company returned $1.1 billion to shareholders in 2025 through dividends and reduced net leverage to 4.2x from 4.6x - A Q1 2026 dividend of $0.65 per share was declared, with a 2026 annual dividend target set at $2.60 per share - CEO Josh Kobza highlighted the company's consistent execution and progress in strengthening its brands, maintaining long-term targets of 3%+ comparable sales growth and 8%+ organic adjusted operating income growth through 2028 [1]

Core Insights - Restaurant Brands International reported strong quarterly earnings and revenue, exceeding expectations due to robust international growth [1][2] Financial Performance - The company reported a fourth-quarter net income of $113 million, or 34 cents per share, down from $259 million, or 79 cents per share, a year earlier [1] - Adjusted earnings were 96 cents per share, slightly above the expected 95 cents [7] - Net sales increased by 7.4% to $2.47 billion, with organic revenue growth of 6.5% after excluding currency fluctuations and refranchising sales [2] Same-Store Sales - Same-store sales rose by 3.1%, driven by strong international performance [2] - Outside the U.S. and Canada, same-store sales increased by 6.1%, with international Burger King restaurants achieving 5.8% growth, surpassing analyst expectations of 3.7% [3] Segment Performance - Tim Hortons reported a same-store sales growth of 2.9%, below the projected 3.8%, contributing 46% to overall revenue [5] - Burger King achieved a same-store sales growth of 2.7%, exceeding the expected 2.4% [5] - Popeyes experienced a decline in same-store sales of 4.8%, worse than the anticipated 2.4% decrease [5] Strategic Initiatives - The company plans to expand its international presence, including a joint venture for Burger King China, where CPE owns approximately 83% and Restaurant Brands retains a 17% stake [4] - To address challenges at Popeyes, the company appointed Burger King veteran Peter Perdue to lead the U.S. and Canadian business and named Matt Rubin as the new chief marketing officer [6] - Further growth strategies will be discussed at the investor day in Miami on February 26 [6]

Group 1 - Restaurant Brands Asia (RBA) is undergoing a change in control with Inspira Global set to acquire a controlling stake, specifically QSR Asia's 11.26% stake for Rs4.6 billion ($50.3 million) [1][2] - The completion of the deal is subject to customary and regulatory conditions, leading to the full exit of QSR Asia in line with its investment cycle [2] - Inspira Global will execute the acquisition primarily through its subsidiary, Lenexis Foodworks, which has over a decade of experience in the quick-service restaurant (QSR) segment [2] Group 2 - Aayush Madhusudan Agrawal, founder and managing director of Inspira Global, expressed admiration for RBA's achievements and emphasized the acquisition as a long-term value creation initiative [3] - Inspira Global plans to inject fresh capital of Rs9 billion through a preferential allotment of equity shares and Rs6 billion through a preferential allotment of warrants [3] - The transaction will trigger a mandatory open offer to RBA's public shareholders as per Indian securities regulations [4] Group 3 - RBA's CEO Rajeev Varman welcomed the new promoter, assuring that the existing leadership team and operational structure will remain intact while focusing on growth plans [4] - A recent merger agreement between Devyani International and Sapphire Foods aims to combine two Yum! Brands franchisees, creating one of India's largest QSR chains [4]

Core Insights - Restaurant Brands International Inc. (NYSE:QSR) is recognized as one of the best restaurant stocks to buy currently [1] Analyst Sentiment - Approximately 60% of analysts maintain a bullish outlook on Restaurant Brands International, with a median price target of $77.50, indicating a potential upside of 16.10% [2] - The highest target among analysts suggests a potential upside of 39.30%, reflecting varied expectations for the stock's medium-term performance [2] Analyst Ratings and Expectations - RBC Capital analyst Logan Reich reaffirmed an "Outperform" rating on December 9, 2025, raising the price target to $82.00 from $77.00, positioning Restaurant Brands International as a top idea among global franchised fast-food companies [3] - The positive outlook is attributed to improving momentum at Burger King U.S., with management reporting enhancements in brand value through menu innovation and operational improvements [4] Financial Performance - Management reported a net leverage ratio of 4.4x at the end of Q3 2025, indicating reduced leverage [4] - The company has total liquidity of approximately $2.5 billion, which includes $1.2 billion in cash [4] Company Overview - Restaurant Brands International Inc. operates and franchises several well-known brands, including Burger King, Tim Hortons, Popeyes, and Firehouse Subs, across more than 100 countries [5]

Core Insights - Baupost Group's latest 13F filing reveals a highly selective and concentrated portfolio, focusing on durable businesses with long-term cash generation potential [1][2] Investment Moves - **Restaurant Brands International (QSR)**: Increased by 4,203,300 shares to 8,252,862 shares, representing a $529.3 million position (11.05% of the portfolio). This is now Baupost's largest equity holding, indicating a belief in significant mispricing relative to its stable franchise model and cash flows [3][4] - **Elevance Health (ELV)**: Increased by 703,000 shares to 1,319,000 shares, totaling a $426.2 million position (8.90%). The increase suggests confidence in the company's predictable cash flows and resilience in a politically noisy sector [5][6] - **Union Pacific (UNP)**: Newly established position with 1,496,204 shares, valued at $353.7 million (7.38%). The railroad's high barriers to entry and pricing power align with Baupost's focus on downside protection [7][8] - **Alphabet (GOOG)**: Reduced by 775,850 shares to 1,858,138 shares, now a $452.6 million position (9.45%). The reduction reflects portfolio risk management rather than a loss of conviction [9] - **CRH plc (CRH)**: Trimmed by 442,000 shares to 3,383,395 shares, valued at $405.7 million (8.47%). The trim indicates a disciplined approach to valuation, despite the long-term thesis remaining intact [10] - **Full Exits**: Baupost exited several positions entirely, including Viasat, Liberty Broadband, ICON plc, and Amcor, signaling a shift in risk-reward balance [11][12] Strategic Focus - The quarter was characterized by conviction-driven capital redeployment into high-confidence ideas, particularly in sectors like restaurants, railroads, healthcare, and materials [13][14] - Trimming positions like GOOG and CRH reflects a focus on risk management and valuation discipline rather than a bearish outlook [15] - The top 10 positions account for over 75% of disclosed assets, emphasizing Baupost's belief in concentration as a strategy against ignorance [16] - The portfolio prioritizes downside protection, with upside driven by business durability rather than macroeconomic bets [17]

Financial Performance - For the full-year 2024, the company's revenue rose 5% to around $82.7 billion, while net income jumped 28% to around $4.4 billion, or $1.29 in basic earnings per share [1] - Oneok Inc's revenue rose roughly 22.7% to around $21.7 billion, with net income increasing 14% to around $3 billion, or $5.32 per share [10] - Permian Resources Corp's revenue surged 60% to around $5 billion, with net income increasing 106% to around $985 million, or $1.54 in basic earnings per share [14] - DTE Energy's annual revenue declined 2% to $12.4 billion, while net income rose marginally to $1.4 billion, or $6.78 per share [18] - Restaurant Brands International's revenue rose 17% to $8.4 billion, but net income declined 14% to around $1 billion, or $3.21 per share [22] Market Capitalization and Stock Performance - The company's market cap is around $56.3 billion, with shares trading at $16.21 per share [1] - Oneok's market cap is nearly $46 billion, with stock trading at $71.69 per share [10] - Permian Resources has a market cap of nearly $12 billion, with stock trading at $13.77 per share [14] - DTE Energy's market cap stands at $26.8 billion, with shares trading at $129.90 per share [18] - Restaurant Brands International's market cap is around $23 billion, with shares trading at $69.91 [22] Dividend Information - Energy Transfer pays an annualized dividend of $1.33 per share, translating to a forward yield of 8.2% [6] - Oneok pays an annualized dividend of $4.12 per share, yielding 5.75% [10] - Permian Resources pays an annualized dividend of $0.60 per share, with a forward yield of 4.35% [15] - DTE Energy pays an annualized dividend of $4.66 per share, translating to a forward yield of nearly 3.6% [19] - Restaurant Brands International pays an annualized dividend of $2.48 per share, yielding just over 3.5% [22] Analyst Ratings and Price Targets - Energy Transfer is rated a Strong Buy by 17 analysts, with a high price target of $25 per share, suggesting over 54% upside potential [7] - Oneok is rated a Moderate Buy by 19 analysts, with a high price target of $114 per share, representing roughly 59% upside [11] - Permian Resources is rated a Strong Buy by 24 analysts, with a high price target of $23 per share, indicating 67% upside [15] - DTE Energy has a Strong Buy rating from 17 analysts, with a high price target of $158 per share, reflecting up to 22% upside [19] - Restaurant Brands International is rated a Moderate Buy by 29 analysts, with a high price target of $96 per share, implying about 37% upside [23]

Core Insights - Restaurant Brands International Inc. (NYSE:QSR) is highlighted as a strong investment opportunity, with a significant position in Seth Klarman's portfolio valued at $529.3 million, indicating confidence in the stock's potential [1] - Analysts project an average price target suggesting a 10% upside, with the highest target indicating a potential upside of 36% [1][3] - RBC Capital maintains an Outperform rating with a revised price target of $82, citing improving momentum at Burger King US and strategic growth investments as key factors [2] Financial Performance and Analyst Ratings - Argus Research upgraded Restaurant Brands to Buy from Hold with a price target of $85, emphasizing the company's strong brand portfolio and competitive pricing strategies in an inflationary environment [3] - RBC Capital's analyst views Restaurant Brands as a top idea among international fast food franchises, highlighting its growth-focused investments and lower leverage as supportive of stock momentum [2] Strategic Initiatives - The company has entered a joint venture with CPE, a Chinese asset manager, to enhance Burger King's growth in China, aiming to expand its presence to over 4,000 outlets by 2035 from approximately 1,250 [4] - This strategic move is part of a broader effort to capitalize on market opportunities and strengthen the brand's footprint in international markets [4] Company Overview - Restaurant Brands International Inc. operates several well-known food and coffee chains, including Tim Hortons, Burger King, Popeyes, and Firehouse Subs, positioning itself as a significant player in the global fast food industry [5]

completely different restaurants and should never be compared tbhblobbert (@dumbgayretard):Why’d nobody tell me Popeyes is better than chick fil a ...

Company Overview - Restaurant Brands International is a multinational quick service portfolio that includes four well-known brands: Tim Hortons, Burger King, Popeyes, and Firehouse Subs [2] Growth Strategy - The company's long-term growth algorithm targets annual system sales growth of over 8%, supported by approximately 3% comparable sales growth and around 5% net unit growth over time [2] - A recent joint venture partnership with CPE, a new Burger King master franchisee in China, is expected to enhance net unit growth [2]