Restaurant Brands International Stock News

Quick service restaurant company Restaurant Brands International Inc. (RBI), has joined forces with Ant Group to undertake a digital transformation in 1,500 restaurants across eight selected markets i

SINGAPORE--(BUSINESS WIRE)--Restaurant Brands International Inc. ("RBI"), one of the world''s largest quick service restaurant companies and the owner of TIM HORTONS®, BURGER KING®, and POPEYES® brands, today announced a regional partnership to leverage Ant Groups digital solutions to accelerate digital transformation of its restaurant operations across Asia Pacific. This deal further complements RBIs continuous efforts to support local franchisee operations and expansion in the Asia Pacific m

Firehouse acquisition, Popeye''s expansion into France delight investors Related Stocks: QSR ,

Restaurant Brands International Inc. ( QSR , Financial) is touting an abundance of good news -- earnings growth above average, its payment of the same dividend for a third quarter, finalizing the purc

$50 million capital injection supports THIL''s continued robust growth; Initial PIPE commitments support merger with Silver Crest SHANGHAI , Dec. 13, 2021 /PRNewswire/ -- TH International Limited ("THIL" or " Tims China ") announced today a significant pre-merger financing round by a leading global asset manager (the "Investor"). In addition, Tims China announced its receipt of several initial commitments to a larger private investment in public equities ("PIPE") financing to be closed concurrently with THIL''s merger with Silver Crest Acquisition Corporation ("Silver Crest"). The Investor''s financing package comprises both an immediate $50 million capital injection in the form of a note, convertible into shares of THIL at a 15% premium to the merger price for Tims China agreed in its business combination agreement with Silver Crest, and a further commitment to the PIPE. Concurrently, Tims China announced commitments to the PIPE from several current investors, including affiliates of Sequoia Capital China and Eastern Bell Capital, which are subject to customary terms and final documentation.

A Justin Bieber promotion is helping, but it's just one part of a larger set of improvements.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by equities researchers at Evercore ISI to a buy rating in a research note issued to investors on Tuesday, TipRanks reports. The firm currently has a C$75.00 target price on the stock. Evercore ISIs target price points to a potential downside of 1.03% from the companys current price. [] The post Evercore ISI Upgrades Restaurant Brands International (TSE:QSR) to Buy appeared first on ETF Daily News .

QSR brand Samosa Party has raised $2 million in a pre-Series A round by Kalaari Capital. Launched in 2017 by Amit Nanwani and Diksha Pande, Samosa Party offers varieties of samosas and chai in a door step delivery model. The company operates 15 outlets in Bengaluru and Gurugram and plans to expand to over 100 outlets across Delhi NCR, Hyderabad, Chennai and Bangalore. According to the company, it has doubled its presence and tripled its revenue since last year and is now eyeing a 5X growth. Continue reading Samosa Party raises $2 Mn in pre-Series A round at Entrackr.

Restaurant Brands International (TSX:QSR)(NYSE:QSR) is a great Canadian value stock that investors should buy, even in the face of volatility. The post 1 of the Best Buyable Canadian Stocks That Took a Hit to the Chin in 2021 appeared first on The Motley Fool Canada .

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) shares saw an uptick in trading volume on Tuesday . 72,280 shares traded hands during trading, a decline of 95% from the previous sessions volume of 1,441,858 shares.The stock last traded at $59.79 and had previously closed at $57.54. Several brokerages recently commented on QSR. Stephens reduced their price []

Upgrades For CarMax Inc (NYSE: KMX ), JP Morgan upgraded the previous rating of Neutral to Overweight. For the second quarter, CarMax had an EPS of $1.72, compared to year-ago quarter EPS of $1.79. The stock has a 52-week-high of $155.98 and a 52-week-low of $90.30. At the end of the last trading period, CarMax closed at $144.50. According to Evercore ISI Group, the prior rating for RPM International Inc (NYSE: RPM ) was changed from In-Line to Outperform. In the first quarter, RPM International showed an EPS of $1.08, compared to $1.44 from the year-ago quarter. The current stock performance of RPM International shows a 52-week-high of $99.30 and a 52-week-low of $76.43. Moreover, at the end of the last trading period, the closing price was at $95.43. According to Evercore ISI Group, the prior rating for PPG Industries Inc (NYSE: PPG ) was changed from In-Line to Outperform. In the third quarter, PPG Industries showed an EPS of $1.69, compared to $1.93 from the year-ago quarter. The stock has a 52-week-high of $182.97 and a 52-week-low of $132.10.

The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third-party delivery services saw strength in different times of the pandemic. Recent Deals, IPOs: Activity in restaurant stocks has also picked up on the public markets with several IPOs and deals announced. On Monday, Jack in the Box Inc (NASDAQ: JACK ) announced it was acquiring Del Taco Restaurants (NASDAQ: TACO ) for $575 million. The deal will give the combined company over 2,800 locations in 25 states. Del Taco is the second-largest Mexican QSR chain by units, with over 600 locations in 16 states. Firehouse Subs is set to be acquired by Restaurant Brands International (NYSE: QSR ) for $1 billion recently, in a move that will diversify the owner of Burger King and Tim Hortons. The company has been actively pursuing acquisitions. Firehouse Brands has over 1,200 units in 46 states, which are 97% franchised.

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) has earned an average recommendation of “Buy” from the seventeen analysts that are covering the firm, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year price target among brokers that have […]

"We Got Too Slow" - Burger King To Axe Menu Items To Speed Up Drive-Thru Times On Wednesday, Jose Cil, CEO of Restaurant Brands International, which owns Burger King, told attendees at Morgan Stanley''s Global Consumer and Retail Conference that it will cut menu items to speed up drive-thru times. Cil said the company noticed drive-thru times "declined significantly" since the pandemic began. In response to streamlining the drive-thru experience, he said certain menu items would be eliminated. "We''re working on eliminating SKUs that we''re simplifying processes that have become a bit too complicated in terms of sandwich builds, and doing a better job in terms of the menu design to make it easier for the customer, at the drive-thru in particular, to make quicker decisions," he said. Cil did not mention what menu items would be eliminated but said his goal is to speed up drive-thru times. "Given the volume increases in drive-thru, it''s a really easy win in terms of driving additional volume in our business," Cil said. "We got too slow, and we need to address that." So which menu item(s) gets axed?