The Latest Breaking News from Restaurant Brands International Inc

The fast-food industry is witnessing substantial growth due to the rising demand for convenience foods and ready meals as a result of millennials' busy lifestyles and growing working population. Thus, it could be wise to keep track of fundamentally strong fast-food stocks, such as Yum! Brands (YUM), Restaurant Brands International…

The deal is slated to be completed by the second quarter of 2024

Restaurant Brands International Inc (NYSE:QSR) owned Burger King is finding it difficult to close its joint venture in Russia, Reuters reported. The fast-food chain has been having a hard time exiting its partnership and about 800 franchised locations after Russia's invasion of Ukraine. Restaurant Brands intended to dispose of its Burger King joint venture ownership…

Restaurant Brands International Inc (NYSE:QSR) (TSX:QSR) reported first-quarter FY22 sales growth of 15.1% year-on-year to $1.45 billion, beating the consensus of $1.41 billion. Comparable Sales for Tim Horton rose 8.4%, Burger King increased 10.3%, and Popeyes Louisiana Kitchen fell 3%. Revenue for Tim Horton's climbed 16.8% Y/Y, Burger King rose 9%, and Popeyes…

Restaurant Brands International Inc (NYSE:QSR) has started the process of disposing of its ownership stake in a Burger King joint venture in Russia, the Wall Street Journal reported. Restaurant Brands operates in Russia through joint-venture partners, none of whom own a majority stake. It holds a 15% stake in the joint-venture partnership, which…

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 for Tim Horton rose 10.3%, Burger King increased 11.3%, and Popeyes Louisiana Kitchen fell 0.4%. System-wide sales for Tim Horton's climbed 17.5% Y/Y, Burger King rose 13.9%, and…

Restaurant Brands International Inc's (NYSE: QSR) Popeyes brand has partnered with India-based Jubilant Foodworks Limited (JFL) to open the first restaurant in Bangalore, India.