Restaurant Brands International Inc. (QSR)

NYSE: QSR · IEX Real-Time Price · USD
68.78
-2.29 (-3.22%)
Jun 7, 2024, 4:00 PM EDT - Market closed
-3.22%
Market Cap 21.76B
Revenue (ttm) 7.17B
Net Income (ttm) 1.23B
Shares Out 316.38M
EPS (ttm) 3.88
PE Ratio 17.73
Forward PE 19.39
Dividend $2.32 (3.37%)
Ex-Dividend Date Jun 21, 2024
Volume 2,663,869
Open 70.05
Previous Close 71.07
Day's Range 68.51 - 70.90
52-Week Range 61.77 - 83.29
Beta 0.93
Analysts Buy
Price Target 83.45 (+21.33%)
Earnings Date Apr 30, 2024

About QSR

Restaurant Brands International Inc. operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps,... [Read more]

Industry Restaurants
IPO Date May 18, 2006
Employees 9,000
Stock Exchange NYSE
Ticker Symbol QSR
Full Company Profile

Financial Performance

In 2023, QSR's revenue was $7.02 billion, an increase of 7.95% compared to the previous year's $6.51 billion. Earnings were $1.19 billion, an increase of 18.06%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for QSR stock is "Buy." The 12-month stock price forecast is $83.45, which is an increase of 21.33% from the latest price.

Price Target
$83.45
(21.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Restaurant Brands International Inc. Announces Pricing of Financing Transactions

RBI Raises $1.2B of 6.125% Senior Secured Notes due 2029 to Refinance a Portion of its Existing Term Loan B Facility RBI to Reprice its Existing Term Loan B Facility due September 2030 from SOFR plus ...

2 days ago - PRNewsWire

Restaurant Brands International Inc. Announces Election of Directors

TORONTO , June 6, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) ("RBI") today announced the results of the vote on the election of directors at its Annual Meeting of ...

2 days ago - PRNewsWire

Restaurant Brands International Inc. Announces Launch of First Lien Senior Secured Notes Offering

TORONTO , June 6, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP), 1011778 B.C. Unlimited Liability Company (the "Issuer") and New Red Finance, Inc. ...

3 days ago - PRNewsWire

Restaurant Brands International Inc. to Participate in TD Cowen's Annual Future of the Consumer Conference

TORONTO , May 31, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Sami Siddiqui, Chief Financial Officer, will participate in a ...

9 days ago - PRNewsWire

Restaurant Brands International Inc. Appoints Patrick Siewert as Senior Advisor in Asia-Pacific Region

Mr. Siewert led the Carlyle Group's consumer, media, and retail investments in Asia-Pacific for 16 years Previously served as Chief Operating Officer and Group President for Coca-Cola in Asia Serves a...

10 days ago - PRNewsWire

Fast food is a ‘luxury' now, but McDonald's, Wendy's, and Burger King are offering ultra-cheap deals to win you back

Fast food has long been viewed as a cheap and convenient option for busy Americans, with prices that make consumers willing to overlook incidents such as E. Coli outbreaks at chains including Jack in ...

Other symbols: MCDWEN
10 days ago - Fast Company

Inflation still serves 'double whammy' to the restaurant business, says former Darden CEO

Clarence Otis, former Darden Restaurants CEO, joins CNBC's 'The Exchange' to discuss consumer behavior at restaurant chains, how restaurants can adapt to the inflationary environment, and more.

Other symbols: DRICMGMCDYUM
11 days ago - CNBC Television

Why McDonald's, Burger King, and Others Are Rolling Out Value Meals

A price war is brewing in the fast-food industry, with McDonald's (MCD) and Burger King of Restaurant Brands International (QSR) recently announcing $5 "value meal" promotions, joining companies tryin...

Other symbols: MCD
14 days ago - Investopedia

Burger King to launch $5 value meal ahead of McDonald's: report

The offer will include a choice of one of three sandwiches with nuggets, fries and a drink, according to Bloomberg.

16 days ago - New York Post

Restaurant Brands International Inc. to Participate in Bernstein Annual Strategic Decisions Conference

TORONTO , May 23, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Patrick Doyle, Executive Chairman, will participate in a fires...

17 days ago - PRNewsWire

Burger King® Company Completes Acquisition of Carrols Restaurant Group

TORONTO , May 16, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) announced today that it has completed its previously announced acquisition of all i...

23 days ago - PRNewsWire

Burger King® Celebrates 70 Years With a New Birthday Pie Dessert and a Week Full of Delicious Deals

MIAMI--(BUSINESS WIRE)--HAPPY 70th BIRTHDAY, BK! Burger King® is inviting Guests to celebrate its milestone birthday with an all new and festive dessert – the Birthday Pie Slice. Available for a limit...

4 weeks ago - Business Wire

Restaurant Brands International Executive Chairman Patrick Doyle goes one-on-one with Jim Cramer

Restaurant Brands International Executive Chairman Patrick Doyle joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends and more.

5 weeks ago - CNBC Television

We're going to continue making investments in Burger King, says Restaurant Brands' Patrick Doyle

Restaurant Brands International Executive Chairman Patrick Doyle joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends and more.

5 weeks ago - CNBC Television

Burger King parent to invest $300 million more in store remodels

Restaurant Brands International Inc. QSR, +0.03% edged past earnings expectations with its latest results on Tuesday while announcing plans to invest further in Burger King remodels. The company repor...

5 weeks ago - Market Watch

Burger King invests another $300 million to remodel restaurants

The restaurant company is planning to spend $2.2 billion to revive Burger King's U.S. business.

5 weeks ago - CNBC

Restaurant Brands International Inc. Reports First Quarter 2024 Results

Consolidated system-wide sales grow 8.1% year-over-year Global comparable sales of 4.6% driven by 7.5% at TH Canada, 4.2% at BK International, 3.9% at BK US and 6.2% at PLK US Solid growth in system-w...

5 weeks ago - PRNewsWire

Burger King® Announces Additional Investment to Achieve 85%-90% Modern Image in U.S. Restaurants by 2028

$300M new co-investment with Franchisees to deliver modern restaurant image in 85%-90% of U.S. Burger King® restaurants by 2028 MIAMI , April 30, 2024 /PRNewswire/ - Burger King Company LLC ("Burger K...

5 weeks ago - PRNewsWire

Down 6% YTD, Will Restaurant Brands Stock Gain Following Q1 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 sch...

5 weeks ago - Forbes

Tims China to Participate in Upcoming Conference

Shanghai, China and New York, New York--(Newsfile Corp. - April 29, 2024) - TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China...

Other symbols: THCH
5 weeks ago - Newsfile Corp

California Burger King franchisee to expedite self-serve kiosks rollout over $20 wage law

"We are installing kiosks in every single restaurant," the franchisee said.

2 months ago - New York Post

Burger King, In-N-Out and other chain locations in California raise prices after minimum wage increase: report

Prices for burgers, fries and other fast food items have increased at various chains across California after the state minimum wage increased, per reports.

2 months ago - Fox Business

Restaurant Brands International to Report First Quarter 2024 Results on April 30, 2024

TORONTO , April 2, 2024 /PRNewswire/ - As previously announced, Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) will release its first quarter 2024 financial results on ...

2 months ago - PRNewsWire

CARROLS RESTAURANT GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Carrols Restaurant Group, Inc. - TAST

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Carrols Restaura...

2 months ago - Business Wire

Restaurant Brands International Announces Leadership Changes to Support Long-Term Growth

Sami Siddiqui Appointed Chief Financial Officer   Thiago Santelmo Appointed President of International Jeff Klein Appointed President of Popeyes US and Canada   TORONTO , March 14, 2024 /PRNewswire/ -...

3 months ago - PRNewsWire