CNBC's Kate Rogers reports on news on Starbucks and McDonald's.
Restaurant Brands: Poised For Strong Growth Acceleration, With Attractive Valuation
Footage has emerged of a Georgia sheriff calling police when a Burger King restaurant allegedly messed up his order.
QSR's commitment to innovation in the digital space positions it well for future growth. However, elevated expenses are a concern.
Value is the key to gaining share in the quick-service restaurant (QSR) space in today's macroeconomic environment, Domino's executives said Thursday (Oct. 10).
Tim Hortons stands out within RBI's portfolio due to its strong value proposition, outperforming competitors like Starbucks and maintaining high guest satisfaction and traffic growth. The brand's focus on value-driven promotions and menu innovation has led to consistent comparable sales growth, even in inflationary times. Tim Hortons' expansion in the U.S. presents a significant growth opportunity, especially in fast-growing states like Texas and Georgia.
Restaurant Brands QSR owns massive fast-food chains like Burger King, Popeyes, and Tim Hortons. The company has received approval for its share buyback program, under which it will be able to repurchase up to 10% or $500 million worth of its outstanding shares over the next year.
Restaurant Brands NYSE: QSR owns massive fast-food chains like Burger King, Popeyes, and Tim Hortons. The company has received approval for its share buyback program, under which it will be able to repurchase up to 10% or $500 million worth of its outstanding shares over the next year.
Shares of Restaurant Brands International Inc. (QSR, Financial) have been in a slump lately. The stock has delivered a total return of roughly -8% thus far in 2024.
Burger King UK said it returned to profit last year aided by a string of new restaurant openings. Operating profit came in at £13.4 million for 2023, the fast food chain reported on Monday, against a £20.7 million loss a year earlier.
Restaurant Brands' (QSR) second-quarter revenues benefit from strong system-wide sales growth in most of its segments and Carrols' buyout.
The burger chain, like others in the food and dining industry, reported a sales slump as cost-conscious customers have slowed down on spending.