Low Risk in Fast Food- Tim Hortons, Burger King and Popeyes
Restaurant Brands International (QSR) is a Toronto-based company owns, operates and franchises the Tim Hortons, Burger King and Popeyes chains of “Quick Services Restaurants” — or what we used to call fast food, notes Mike Larson, editor of Safe Money Report. * In January, it named Jose Cil, an 18-year veteran of the Burger King division, as CEO. At the same time, the company revealed that same-store sales growth was accelerating at Tim Hortons and Burger King. The stock also hasn’t earned anything less than a “B-” (BUY) Weiss Rating since December 2017. And it goes without saying that lower-priced, convenience-oriented chains like QSR operates should fare better than higher-end restaurants if I’m right about a slowing economy.