Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Restaurant Brands International Inc Add to portfolio

TSP:QSR, Feb 22, 03:08 UTC

Latest TSP:QSR News

Filter your feed

Apply Filter

Yesterday


News

Citigroup Raises Restaurant Brands International (QSR) Price Target to $75.00 – Fairfield Current

QSR QSR

BMO Capital Markets upgraded shares of Restaurant Brands International from a “market perform” rating to an “outperform” rating and set a $63.11 price target for the company in a research report on Wednesday, January 23rd. Restaurant Brands International has a twelve month low of $50.20 and a twelve month high of $65.59. Restaurant Brands International’s revenue was up 12.2% on a year-over-year basis. As a group, equities analysts forecast that Restaurant Brands International will post 2.76 earnings per share for the current year. San Francisco Sentry Investment Group CA now owns 2,317 shares of the restaurant operator’s stock worth $137,000 after purchasing an additional 1,446 shares in the last quarter.

Read Full Details

Story Sources

fairfieldcurrent.com
Topics:
  • Business
  • Financial
News

Watch new TV ads from Wingstop, Cottonelle, Burger King

QSR

Watch new TV ads from Wingstop, Cottonelle, Burger King | Hot Spots. Every weekday we bring you the Ad Age/iSpot Hot Spots, new TV commercials tracked by iSpot.tv, the TV ad measurement and attribution company. The ads here ran on national TV for the first time yesterday. Cottonelle serves up another in a series of spots that address "down there care"—this one focusing on Cottonelle Flushable Wipes. And in a Boost Mobile ad, a family of four keeps "glitching" because of their current inadequate cellular data plan (i.e., it's time for them to switch to Boost Mobile).

Read Full Details

Story Sources

adage.com
Topics:
  • Business
  • Financial
  • Science
News

Burger King leans on 'positive stereotype' of shy Finns to launch 'Silent Drive Thru'

QSR

Burger King has opened up the world's first '100% Silent Drive-Thru' in Helsinki, for Finns who would prefer not to talk - or more accurately, to illustrate the speed and ease of its mobile order app. Known stereotypically for their quiet and shy nature, having to verbally order a Whopper burger and fries, the brand claims, can be quite a challenge for some Finns. Building on this assumption, Burger King has launched a drive-thru service where customers can order, pay and pick up their food without opening their mouth. Instead of queuing in the traditional drive-thru lane, customers receive their order from a silent Burger King employer who brings it directly to their vehicle.

Read Full Details

Story Sources

thedrum.com
Topics:
  • Business
  • Financial
  • Sports
News

Restaurant Brands International (QSR) Given New $72.00 Price Target at KeyCorp – Baseball Daily News

QSR QSR +1 more QSR QSR KEY

KeyCorp also issued estimates for Restaurant Brands International’s Q1 2019 earnings at $0.57 EPS, Q2 2019 earnings at $0.68 EPS, Q3 2019 earnings at $0.74 EPS, Q4 2019 earnings at $0.76 EPS, Q1 2020 earnings at $0.63 EPS, Q2 2020 earnings at $0.75 EPS, Q3 2020 earnings at $0.82 EPS and Q4 2020 earnings at $0.85 EPS. Citigroup decreased their target price on shares of Restaurant Brands International from $72.00 to $65.00 and set a buy rating for the company in a report on Tuesday, October 30th. Restaurant Brands International has a 12-month low of $50.20 and a 12-month high of $65.59. San Francisco Sentry Investment Group CA now owns 2,317 shares of the restaurant operator’s stock worth $137,000 after acquiring an additional 1,446 shares in the last quarter.

Read Full Details

Topics:
  • Business
  • Financial
News

BURGER KING® Restaurants Introduce the King of Flame-Grilling’s New Flame-Grilled Chicken Sandwich

QSR

Business WireFebruary 21, 2019, 12:00 PM GMT. When it Comes to Flame-Grilling, a King Always Outranks a Colonel. The new Grilled Chicken Sandwich is made with seasoned 100% white meat chicken filet, flame-grilled to perfection, marinated with spices, layered with fresh lettuce, ripe tomato, and sweet honey mustard on a toasted potato bun. A new video that pokes a little bit of fun at one of BK® restaurants key competitors launches today at YouTube.com/BurgerKing and features the King as the “K.F.G.,” or the “King of Flame Grilling.” BK® guests can also find limited edition “K.F.G.” sandwich wrappers starting today at select restaurants in Kentucky, Miami, Los Angeles and New York. “BURGER KING® has been flame-grilling since our first restaurant opened in 1954 -- we have over 60 years of grilling expertise under our belt,“ said Chris Finazzo, President, North America, Burger King Corporation.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment
News

Burger King coming back to Summerside; will be located in Walmart

QSR WMT

Family of Summerside man killed by police in limbo while SiRT ... A lasting love: Summerside couple keep the spark alive nearly 70 years ... RCMP looking for driver that fled scene of Route 109 accident Monday ... Suzanne Birt excited to be back representing P.E.I. Historic, vegetation-covered farmhouse in Sea View, P.E.I., gets ... UPDATE: New provincially owned housing complex for seniors announced ... 'Here to Stay’: Engagement day to look at strategies to help retain ... Burger King coming back to Summerside; will be located in Walmart. According to a communications representative for Walmart, a Burger King is set scheduled to open later this spring. The new Burger King will replace McDonald's, which had previously been in the city's Walmart location, but closed within the past few years.

Read Full Details

Story Sources

journalpioneer.com
Topics:
  • Business
  • Financial
  • US
News

Toronto Dominion Bank Has $72.14 Million Holding in Restaurant Brands International Inc (QSR) – BharataPress

QSR QSR

Bank of New York Mellon Corp now owns 304,385 shares of the restaurant operator’s stock valued at $18,354,000 after acquiring an additional 6,298 shares during the period. Northern Trust Corp boosted its position in shares of Restaurant Brands International by 11.9% during the 2nd quarter. Northern Trust Corp now owns 273,756 shares of the restaurant operator’s stock worth $16,508,000 after purchasing an additional 29,150 shares during the period. In other news, COO Joshua Kobza sold 113,577 shares of the firm’s stock in a transaction dated Wednesday, February 13th. The firm’s revenue was up 12.2% compared to the same quarter last year. As a group, sell-side analysts expect that Restaurant Brands International Inc will post 2.76 earnings per share for the current fiscal year. Wells Fargo & Co lowered their target price on shares of Restaurant Brands International from $63.00 to $62.00 and set a “market perform” rating on the stock in a report on Thursday, October 25th.

Read Full Details

Story Sources

bharatapress.com
Topics:
  • Business
  • Financial

Wednesday, February 20


News

Syracuse-based Carrols to buy 221 Burger King and Popeyes restaurants - syracuse.com

QSR

Carrols said Wednesday it has entered into a definitive agreement to acquire 221 restaurants -- 166 Burger Kings and 55 Popeyes -- from Cambridge Franchise Holdings LLC in 10 southeastern and southern states in an all-stock transaction valued at $238 million. “It further strengthens our position in the Burger King system and provides us the opportunity to continue executing our Burger King acquisition and expansion strategy.”. Carrols operated 849 Burger Kings at the end of 2018, having acquired 44 Burger Kings, opened 8 new ones and closed 10 existing ones during the year. In addition, Cambridge will receive shares of Carrols preferred stock convertible into approximately 7.45 million shares of common stock at $13.50 a share (a 44 percent premium to the $9.35 closing price of Carrols stock on Tuesday).

Read Full Details

Topics:
  • Business
  • Financial
News

Tim Hortons franchisee in Minnesota sues parent company for financial misrepresentation

QSR

Report on BusinessTim Hortons franchisee in Minnesota sues parent company for financial misrepresentation. “The false and/or misleading financial representations provided to [Tim Minn] by [Tim Hortons] caused [Tim Minn] to invest a substantial amount of money, time, and effort into building out the Tim Hortons’ restaurants brand in Minnesota, but the anticipated income from the venture … never materialized because those numbers were flawed, incomplete and lacked crucial variables,” says the lawsuit in the U.S. District Court for the District of Minnesota. Tim Hortons and its RBI parent have faced a number of franchisee lawsuits on both sides of the border over claims of mismanagement and overcharging restaurant owners for supplies – the latter being another complaint of the legal action in Minnesota. Mr. Marks also represents a broader group of discontented Tim Hortons franchisees who almost two years ago formed a U.S. branch of the Great White North Franchisee Association, which was set up in early 2017 in Canada to voice concerns about the chain’s alleged mismanagement that franchisees said was hurting their bottom line.

Read Full Details

Story Sources

theglobeandmail.com
Topics:
  • Business
  • Financial
News

Take a sneak peek at Tim Hortons' first store in China

QSR AMZN

'You need to watch out': Activist investing stronger than ever in Canada, M&A lawyer says. Hudbay shares rise following earnings, plans growth at Manitoba mine. TSX nears 16,000 as it continues strong run this year. Asian bonds could return up to 10% in best year since 2012. Personal Investor: Sometimes a TFSA is better than an RRSP. How neglecting your Aeroplan account for other rewards plans can cost you.

Read Full Details

Story Sources

bnnbloomberg.ca
Topics:
  • Business
  • Financial