Restaurant Brands International Stock News

Stocks soared at the open Tuesday after Russian President Vladimir Putin said Moscow had begun to withdraw some troops from the Ukrainian border – raising hopes that military conflict between the two countries might yet be avoided. SEE MORE The 12 Best Financial Stocks to Buy for 2022 "Ukraine headlines continue to drive the day-to-day volatility," says Michael Reinking, senior market strategist for the New York Stock Exchange. "As there are reports of some Russian troop withdrawal, there is an unwind of much of the movement seen across financial markets over the last few days." This included a big drop in energy stocks , which fell 1.1% as U.S. crude futures retreated from seven-year highs (declining 3.6% to end at $92.07 per barrel). On the other hand, technology was the biggest gainer today – jumping 2.6% – on news that Intel ( INTC , +1.8%) is buying Israeli chip manufacturer Tower Semiconductor ( TSEM , +42.1%) for roughly $5.4 billion. "While we have no incremental knowledge as to the validity of these reports, we would not be surprised to see INTC taking such a step to bolster its foundry aspirations," says Deutsche Bank analyst Ross Seymore (Hold). "We expect to learn more about the company''s foundry strategy at its upcoming analyst meeting on Feb. 17, regardless of if Tower is part of those plans." Also in focus today was the latest inflation update, with the Labor Department reporting the producer price index – which measures how much suppliers are charging businesses for goods – rose a seasonally adjusted 1% month-over-month in January.

Restaurant Brands International Inc (NYSE: QSR) on Tuesday said a 65% YoY growth in digital orders helped fuel its profit and revenue above Street estimates in the fiscal fourth quarter. Shares are up

Canada''s main stock index rose on Tuesday as global risk sentiment improved after reports of Moscow''s withdrawal of some troops near Ukraine calmed fears of a potential Russian invasion. The S&P/TSX Composite zoomed 105.94 points to pause for lunch Tuesday at 21,458.45. The Canadian dollar hesitated 0.10 cents at 78.46 cents U.S. Restaurant Brands International gained $2.69, or 3.7%, to $75.38, after the Burger King-parent beat estimates for quarterly revenue and profit. Meanwhile, TC Energy shares gained 0.3% despite the oil producer reporting a fall in quarterly profit as it took a $60-million hit from charges related to its scrapped Keystone XL oil pipeline. TC fell six cents to $66.57. Prime Minister Justin Trudeau on Monday activated rarely used emergency powers in an effort to end protests that have shut some U.S. border crossings and paralyzed parts of the capital. On the economic slate, Canada Mortgage and Housing told us housing starts registered at 254,133 units in January, down from 261,352 units in December.

Restaurant Brands International Inc (NYSE: QSR) reported fourth-quarter FY21 sales growth of 13.8% year-on-year, to $1.55 billion, beating the analyst consensus of $1.50 billion. Comparable Sales f

Restaurant Brands International, Inc. (QSR) CEO Jose Cil on Q4 2021 Results - Earnings Call Transcript

Consumer stocks to consider ahead of January's retail sales data.

Restaurant Brands (QSR) delivered earnings and revenue surprises of 5.71% and 3.37%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Restaurant Brands International Inc (NYSE: QSR) on Tuesday said a 65% YoY growth in digital orders helped fuel its profit and revenue above Street estimates in the fiscal fourth quarter. Shares are up

Tim Hortons parent company Restaurant Brands International Inc. raised its dividend as it reported its fourth-quarter profit and revenue rose compared with a year ago and topped expectations.

TORONTO - Tim Hortons parent company Restaurant Brands International Inc. raised its dividend as it reported its fourth-quarter profit and revenue ros…

© Reuters. FILE PHOTO – Signs advertising a box of fried chicken for $16.99 and a sandwich are seen at a Popeyes restaurant in New York City, New York, U.S. May 26, 2021. Picture taken May 26, 2021. REUTERS/Hilary Russ (Reuters) -Restaurant Brands International Inc beat estimates for quarterly revenue on Tuesday, as the Popeyes …

Restaurant Brands Intl (NYSE: QSR ) reported its Q4 earnings results on Tuesday, February 15, 2022 at 06:30 AM. Here''s what investors need to know about the announcement. Also check this: Insiders Buy Around $112M Of 3 Stocks Earnings Restaurant Brands Intl beat estimated earnings … Full story available on Benzinga.com

Restaurant Brands International Inc. reported fourth-quarter profit and revenue that rose above expectations, as Burger King same-stores sales beat forecasts to help offset misses by Tim Horton''s and Popeyes Louisiana Kitchen (PLK). The fastfood restaurant chain''s stock was still inactive in premarket trading. Net income rose to $179 million, or 57 cents a share, from $91 million, or 30 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 74 cents was above the FactSet consensus of 69 cents. Revenue grew 13.8% to $1.55 billion to beat the FactSet consensus of $1.52 billion. Same-store sales rose 11.3% for Burger King to beat the FactSet consensus for a 9.3% rise, and increased 10.3% for Tim Horton''s to miss expectations of 10.6% growth, while falling 0.4% for PLK to miss expectations for a 2.0% rise. For the year, digital sales grew over 65% to $10 billion, representing nearly 30% of total sales. The company said that while COVID-19 continued to impact results, the results were less affected in 2021 than in 2020, as substantially all of its restaurants remained open.

Restaurant Brands International Inc beat estimates for quarterly revenue on Tuesday, as the Popeyes and Burger King parent enjoyed a rebound in demand at its restaurant chains after COVID-19 curbs were eased in Canada and the United States.