Restaurant Brands International Inc. (QSR)
What Buybacks and Lower Rates Could Mean for Restaurant Brands
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.
Restaurant Brands International Is Undervalued Following Recent Pullback
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 reports return to profit after expansion in the UK
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) Q2 Earnings & Revenues Beat, Up Y/Y
Restaurant Brands' (QSR) second-quarter revenues benefit from strong system-wide sales growth in most of its segments and Carrols' buyout.
Burger King sales slump as customers pull back on fast food spending amid inflation
The burger chain, like others in the food and dining industry, reported a sales slump as cost-conscious customers have slowed down on spending.
Tim Hortons drives earnings beat for Restaurant Brands
Tim Hortons (TSX:THI)' parent company Restaurant Brands International (TSX:QSR, NYSE:QSR) posted better-than-expected financial results for the second quarter, boosted by the Canadian coffee chain's strong performance. Restaurant Brands – whose other franchises are Burger King, Popeyes Louisiana Kitchen (NASDAQ:PLKI) and Firehouse Subs – posted adjusted earnings per share (EPS) of $0.86, ahead of estimates of $0.85.
Restaurant Brands International Inc. (QSR) Q2 2024 Earnings Call Transcript
Restaurant Brands International Inc. (NYSE:QSR ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Kendall Peck - Head of IR Joshua Kobza - CEO Sami Siddiqui - CFO Patrick Doyle - Executive Chairman Conference Call Participants Brian Bittner - Oppenheimer & Co David Palmer - Evercore ISI John Ivankoe - JPMorgan Lauren Silberman - Deutsche Bank Dennis Geiger - UBS Andrew Charles - TD Cowen Danilo Gargiulo - AB Bernstein Katherine Griffin - Bank of America Pratik Patel - Barclays Jon Tower - Citi Gregory Francfort - Guggenheim Christine Cho - Goldman Sachs Operator Good morning and welcome to the Restaurant Brands International Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
Restaurant Brands (QSR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Restaurant Brands (QSR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Burger King, Popeyes Parent RBI Beats Earnings Estimates, Despite 'Consumer Pressures'
Burger King and Popeyes parent Restaurant Brands International (QSR) posted second-quarter earnings that topped analysts' expectations, despite slowing comparable sales growth.
Restaurant Brands (QSR) Tops Q2 Earnings and Revenue Estimates
Restaurant Brands (QSR) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.85 per share a year ago.
Restaurant Brands revenue tops estimates, fueled by Tim Hortons
Restaurant Brands International's quarterly revenue was better than expected. Canadian coffee chain Tim Hortons was the restaurant company's strongest performer during the quarter.
Down 8% YTD, Will Restaurant Brands Stock Recover Following Q2 Results?
Restaurant Brands International is one of the largest fast-food restaurant chains in the world that operates Burger King, Tim Hortons, Popeyes, and, since late 2021, Firehouse Subs. The company is scheduled to report its fiscal second-quarter results on Thursday, August 8.
