Restaurant Brands International Inc.

QSR

CA76131D1033

Restaurants & Bars

Market Closed - Nyse Other stock markets 04:00:02 2024-05-03 pm EDT			5-day change	1st Jan Change
75.83 ^USD	+2.18%		+2.72%	-2.94%

May. 02	Deutsche Bank Adjusts Restaurant Brands International Price Target to $90 From $87, Maintains Buy Rating	MT
May. 01	RBC Capital on Restaurant Brands' Q1 -- Maintains Outperform, US$90 Target	MT

Popeyes franchisee to open 50 units in 1 year

March 20, 2023 at 09:31 am EDT

Restaurant Brands International and Jubilant FoodWorks plan to open 50 Popeyes Louisiana Kitchen units in a year in India, according to a CNBC 18 report.

"We are ready to expand and I think that's kind of the big announcement and we are super excited about the journey," Sameer Khetarpal, CEO of franchisee Jubilant FoodWorks, told the news outlet.

The company hopes to eventually have 250 stores. There are 13 located in India now in Bengaluru and Chennai.

"The market is huge. The QSR (quick service restaurant) industry as a whole is poised to grow by 9-10%. My estimate is that chicken as the space will grow faster than that," Khetarpal said.

RBI officials hope India will be a market leader for the brand.

"That's why I made it kind of my first international trip," Joshua Kobza, CEO of Restaurant Brands International, told the news outlet.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	JUBILANT FOODWORKS LIMITED	462.8 INR	+1.14%	+5.81%	3.66B
	RESTAURANT BRANDS INTERNATIONAL INC.	75.83 USD	+2.18%	+2.72%	23.99B

Latest news about Restaurant Brands International Inc.

Deutsche Bank Adjusts Restaurant Brands International Price Target to $90 From $87, Maintains Buy Rating	May. 02	MT
RBC Capital on Restaurant Brands' Q1 -- Maintains Outperform, US$90 Target	May. 01	MT
Consumer Cos Down After Weak Economic Data -- Consumer Roundup	Apr. 30	DJ
The Shareholder Commons Submits a Shareholder Proposal to Restaurant Brands International	Apr. 30	CI
Toronto Stocks Slide on Slower Canadian GDP Growth; Restaurant Brands International Rises on Earnings, Revenue Beat	Apr. 30	DJ
KFC Malaysia Temporarily Closes Outlets	Apr. 30	MT
Global markets live: Adidas, Mercedes, McDonalds, Eli Lilly, PayPal, MicroStrategy, Tesla...	Apr. 30
Restaurant Brands International's Burger King to Invest Additional $300 Million to Remodel US Restaurants	Apr. 30	MT
Transcript : Restaurant Brands International Inc., Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Restaurant Brands International Shares Rise on 1Q Adjusted EPS, Revenue Beats	Apr. 30	DJ
Restaurant Brands International Q1 Adjusted EPS Decreases, Revenue Rises	Apr. 30	MT
A flurry of corporate results ahead of the Fed's rate decision	Apr. 30
Restaurant Brands Higher in U.S. Premarket After Reporting Increase in Q1 Net Income And Revenue	Apr. 30	MT
Restaurant Brands International Profit Rises as Revenue Tops Views	Apr. 30	DJ
Futures Fall Pre-Bell as Traders Await Corporate Earnings, Labor Data; Asia, Europe Rise	Apr. 30	MT
Restaurant Brands International Brief: Says Hosted Investor event on Feb. 15, 2024 and announced Long-term consolidated performance that It Continues to expect to achieve, on average, from 2024 to 2028	Apr. 30	MT
Restaurant Brands International Brief: Says That includes share-based compensation and non-cash incentive compensation expense between US$180 million and $190 million	Apr. 30	MT
Restaurant Brands International Brief: In 2024 Guidance, now expects Segment G&A for 2024 between US$665 million and $685 million	Apr. 30	MT
Restaurant Brands International Brief: In 2024 Guidance, Also Expects adjusted interest expense, net, between US$555 million and $565 million	Apr. 30	MT
Restaurant Brands International Brief: In 2024 Guidance, Continues to expect consolidated capital expenditures, tenant inducements and incentives (including BK Royal Reset remodel incentives) of Near $300 million	Apr. 30	MT
Restaurant Brands International Brief: Q1 Consolidated system-wide sales grow 8.1% year-over-year; Global comparable sales of 4.6% Helped by 7.5% at TH Canada	Apr. 30	MT
Restaurant Brands International Brief: Q1 Overall Result Due Shortly	Apr. 30	MT
Restaurant Brands International Brief: Burger King Announcing Additional Investment to Achieve 85%-90% Modern Image in U.S. Restaurants by 2028	Apr. 30	MT
Restaurant Brands International Brief: Q1 Revenues US$1,739 Million Vs Forecast $1,701.09 Million and Last Year's $1,590 Million	Apr. 30	MT
Restaurant Brands International Brief: Q1 EPS Normalized US$0.73 Vs Forecast $0.72 and Last Year's $0.75	Apr. 30	MT

Chart Restaurant Brands International Inc.

Duration

Period

Chart Restaurant Brands International Inc.

More charts

Restaurant Brands International Inc. is a quick-service restaurant company. It franchises and operates quick service restaurants serving premium coffee and other beverage and food products. Its segments include Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), Firehouse Subs (FHS) and International (INTL). Under the Tim Hortons brand, it operates in the donut/coffee/tea category of the quick service segment of the restaurant industry. Under the Burger King brand, it operates in the fast-food hamburger restaurant category of the quick service segment of the restaurant industry. Under the Popeyes brand, it operates in the chicken category of the quick service segment of the restaurant industry. Under the Firehouse Subs brand, it operates in the specialty subs category of the quick service segment of the restaurant industry. Its menu includes premium blend coffee, tea, espresso-based hot and cold specialty drinks, fresh baked goods, including donuts, bagels and more.

Sector

Restaurants & Bars

Calendar

2024-06-06 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Restaurant Brands International Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

75.83 USD

Average target price

85.73 USD

Spread / Average Target

+13.05%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Quick Service Restaurants

	1st Jan change	Capi.
RESTAURANT BRANDS INTERNATIONAL INC.	-2.94%	23.99B
MCDONALD'S CORPORATION	-8.84%	195B
YUM! BRANDS, INC.	+2.80%	37.79B
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP	-2.57%	24.69B
DOMINO'S PIZZA INC.	+24.77%	17.92B
YUM CHINA HOLDINGS, INC.	-9.45%	14.99B
WINGSTOP INC.	+51.43%	11.41B
AMERICANA RESTAURANTS INTERNATIONAL PLC	+4.47%	7.5B
MCDONALD'S HOLDINGS COMPANY (JAPAN), LTD.	+14.08%	6.06B
SHAKE SHACK INC.	+44.99%	4.26B

Quick Service Restaurants

Restaurant Brands International Inc.

Equities

QSR

CA76131D1033

Restaurants & Bars

Popeyes franchisee to open 50 units in 1 year

Stocks mentioned in the article

Latest news about Restaurant Brands International Inc.

Chart Restaurant Brands International Inc.

Company Profile

Income Statement Evolution

Ratings for Restaurant Brands International Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Quick Service Restaurants