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Restaurant Brands International Inc Add to portfolio

TSP:QSR, May 22, 03:45 UTC

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Monday, May 20


News

A Look At This Year's Top Restaurant Trends: Cannabis, Craft And Casual

QSR

Back in January, The National Restaurant Association released its annual list of top trends in the restaurant and food industry. Drink companies are looking to get in on the cannabis craze, with companies looking at possibilities for adding the substance to everything from beer to spirits to water. Even Coca-Cola Co (NYSE: KO) is cannabis-curious. Other companies that could be big on this trend include brewer Constellation Brands (NYSE: STZ) and The Alkaline Water Company Inc. (NASDAQ: WTER). Who's In On It? So far, offerings in restaurants are very small and tough to measure, and publicly traded companies are treading cautiously with marijuana and CBD, which still isn't approved for use in food and drinks by the FDA.

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Saturday, May 18


News

Q3 2019 Earnings Estimate for Restaurant Brands International Inc Issued By KeyCorp (NYSE:QSR) – Rockland Register

QSR QSR +2 more QSR QSR KEY STI

KeyCorp analyst E. Gonzalez now expects that the restaurant operator will earn $0.73 per share for the quarter, down from their previous forecast of $0.74. KeyCorp also issued estimates for Restaurant Brands International’s Q4 2019 earnings at $0.75 EPS, FY2019 earnings at $2.70 EPS, Q1 2020 earnings at $0.61 EPS, Q2 2020 earnings at $0.76 EPS, Q4 2020 earnings at $0.84 EPS and FY2020 earnings at $3.03 EPS. Restaurant Brands International has a fifty-two week low of $50.20 and a fifty-two week high of $68.65. Ladenburg Thalmann Financial Services Inc. now owns 15,053 shares of the restaurant operator’s stock worth $981,000 after acquiring an additional 2,338 shares in the last quarter.

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Friday, May 17


News

Chipotle, Starbucks, Restaurant Brands Among Pershing Square's Top Q1 Performers

CMG QSR +2 more CMG QSR QSR SBUX

Chipotle, Starbucks, Restaurant Brands Among Pershing Square's Top Q1 Performers. Pershing Square Holdings, the hedge fund controlled by billionaire Bill Ackman, reported strong performance in the first quarter of 2019. Notable holdings in the fund’s portfolio include Chipotle Mexican Grill, Inc. (NASDAQ: CMG), making up 9.8 percent of the fund; Restaurant Brands International (NASDAQ: QSR) at 5.3 percent; and Starbucks Corporation (NASDAQ: SBUX) making up 3.2 percent of the fund. “Despite the 63-percent year-to-date increase in the share price, we believe that Chipotle is in the early innings of its transformation and that its robust pipeline of initiatives in the stage gate process, accelerated footprint expansion and a world-class management team should drive superlative growth in sales and profits for years to come,” the hedge fund said in a Friday letter to its investors.

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News

Burger King To Deliver Whoppers To Driver Stuck In Traffic

QSR

Burger King To Deliver Whoppers To Driver Stuck In Traffic. The direct-to-car delivery service will use motorcyclists to delivery food to those stuck in traffic jams using real-time data to pinpoint Burger King fans on the road. What to read next.

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News

Restaurant Brands International eyes massive China expansion - Inside Retail

QSR QSR

Restaurant Brands International, parent of the Burger King, Tim Hortons and Popeyes Louisiana Kitchen brands, is eyeing significant expansion in China despite current trade tensions. The firm is aiming to surpass 40,000 locations in the territory within 10 years, making the firm one of the world’s largest restaurant chains. The firm is making its intentions known in an atmosphere of a deteriorating trade relationship between China and the US. Restaurant Brands is aiming to launch 1500 Tim Hortons locations within China within the next decade as the brand’s growth is slowing in its home Canadian market.

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Thursday, May 16


News

Burger King to deliver Whoppers to drivers stuck in Los Angeles traffic

QSR

Burger King knows people can get hungry, especially when gridlocked in Los Angeles’ traffic. As a solution, the fast-food chain introduced its “Traffic Jam Whopper” as a way for drivers to order food while stuck in traffic. To use the service, drivers can place their order through an app developed by Burger King. For safety purposes, consumers can order through voice commands. Customers can order only if they are within 1.8 miles of a Burger King establishment and if they will be stuck in traffic for at least 30 minutes, according to The Washington Post. The “Traffic Jam Whopper” was rolled out last month in Mexico City which, according to TomTom Traffic Index, has the worst congestion in the world.

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Wednesday, May 15


News

Beyond Meat shares soar another 12% as Tim Hortons adds plant-based sausage to breakfast menu

QSR

Beyond Meat Inc. shares soared another 12% Wednesday, after Canadian fast-food chain Tim Hortons said it is adding the company's plant-based meat to its breakfast menu. Tim Horton, which is owned by Burger King parent Restaurant Brands International Inc. , said select stores are testing three new breakfast options made with Beyond Meat's breakfast sausage patty. "With roughly 4,000 locations in Canada, we're looking forward to being able to offer Canadians from coast-to-coast a truly accessible meat alternative that they can feel good about," Tim Hortons President Alex Macedo said in a statement. If sales go well, the chain is planning to roll out the sandwiches across Canada by the end of summer. Restaurant Brands shares rose 1.5% and have gained about 20% in the last 12 months, while the S&P 500 has gained 5%.

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News

Tim Hortons tests Beyond Meat breakfast sandwiches

QSR

Tim Hortons will begin testing in the new menu items on Wednesday, with plans to roll the menu items out nationally across Canada by the end of summer 2019 if they preform well. Read more: Evidence is mounting that fast-food chains from Chick-fil-A to McDonald's will be forced to add vegan menu items - or face the consequences. "Canadians are looking to incorporate plant-based options into their diets and we're thrilled to partner with Beyond Meat to test three Beyond Meat Breakfast Sandwiches - including an entirely vegan offering if the market test confirms the potential we see for the platform," Alex Macedo, Tim Hortons' president, said in a statement. "With roughly 4,000 locations in Canada, we're looking forward to being able to offer Canadians from coast-to-coast a truly accessible meat alternative that they can feel good about," Macedo continued.

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News

Burger King's parent plans to surpass 40,000 stores in the next 10 years

QSR QSR

Restaurant Brands International said Wednesday it plans to surpass 40,000 restaurants in the next eight ot 10 years. Burger King's parent company had 25,809 locations open as of March 31. In the next eight to ten years, Restaurant Brands International QSR-CA plans to surpass 40,000 locations globally, increasing its store count by 55% in a move to become one of the world's largest restaurant companies.

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News

Burger King's parent company cooks up plan to have 40,000 restaurants around the world

QSR

New Restaurant Brands (QSR) CEO Jose Cil has hatched one sizzling plan for investors to chew on: have 40,000 restaurants globally that serve a range of fast-food. At its first ever investor day on Wednesday, Cil revealed a goal for Restaurant Brands to hit the 40,000 restaurant mark in eight to 10 years. Restaurant Brands is the parent company of well-known fast-food brands Burger King, Tim Horton’s and Popeyes Louisiana Kitchen. A large portion of that growth has been fueled by the acquisitions of Canadian coffee house Tim Horton’s (2014) and fried chicken joint Popeyes (2017). But Cil’s comments on the restaurant count target suggest he is prepared to stay focused on growing the three brands already in the Restaurant Brands portfolio instead of buying another brand, at least for now.

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