Restaurant Brands Intl (NYSE:QSR) Stock, Quote.Headers.trade-ideas

Restaurant Brands Intl

Restaurant Brands International is one of the largest restaurant companies in the world, with approximately $43 billion in 2023 systemwide sales across a footprint that spanned more than 31,000 restaurants and more than 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Hortons supply chain operations. Formed in 2014 after 3G Capital's acquisition of Tim Hortons International, the RBI portfolio is split among Burger King (7,144 units), Tim Hortons (4,525 units), Popeyes Louisiana Kitchen (3,394 units), Firehouse Subs (1,265 units), and international franchise units of those banners (14,742) as of year-end 2023.

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Bill Ackman could be pivoting from a closed-end fund IPO to potentially launching a Pershing Square ETF, aiming for increased accessibility, liquidity, and cost efficiency for investors.

Bill Ackman Weighs Pivot To ETF After Abandoning Closed-End Fund IPO: Report

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A potential buyout of 7-Eleven could take the American founded convenience store from being owned by a Japanese company to Canadian ownership.

7-Eleven Owned By A Japanese Company? 71% Of Benzinga Poll Respondents Surprised: Other Foreign-Owned US Companies Revealed

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The parent company of Couche-Tard is eyeing expansion with a merger of 7-Eleven parent Seven &amp; i. Here are the details.

7-Eleven May Become… Canadian? How Japanese Chain Could Change

Restaurant Brands International Inc. Common Shares

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Shares of restaurant companies are trading higher following the Fed's rate cut, which could boost industry traffic through an increase in consumer discretionary incomes.

JP Morgan analyst John Ivankoe maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Overweight and raises the price target from $80 to $84.

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Analyst Ratings

JP Morgan Maintains Overweight on Restaurant Brands Intl, Raises Price Target to $84

TD Cowen analyst Andrew Charles reiterates Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Buy and maintains $82 price target.

Reiteration

TD Cowen Reiterates Buy on Restaurant Brands Intl, Maintains $82 Price Target

Restaurant Brands International Inc. ("RBI") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/QSR#TSX">QSR</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) announced today that it has filed, and the Toronto Stock Exchange (the "TSX") has accepted, notice of RBI's intention to renew its normal course issuer bid (the "NCIB") for its common shares. The&nbsp;NCIB is being conducted in furtherance of RBI's board-approved share repurchase authorization that allows RBI to purchase up to U.S.$500 million of its common shares through September 30, 2025 (the "Repurchase Authorization").&nbsp; While share repurchases remain part of our capital allocation philosophy, we are currently prioritizing our 2024 net leverage target.

Buybacks

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Restaurant Brands International Announces Renewal Of Normal Course Issuer Bid That Allows RBI To Purchase Up To $500M Of Its Common Shares Through September 30, 2025

RBC Capital analyst Christopher Carril maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Outperform and raises the price target from $90 to $95.

RBC Capital Maintains Outperform on Restaurant Brands Intl, Raises Price Target to $95

Shares of restaurant companies are trading higher. August's CPI report showed a slowing in the rise of food at home costs.

Guggenheim analyst Gregory Francfort maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Neutral and raises the price target from $73 to $74.

Guggenheim Maintains Neutral on Restaurant Brands Intl, Raises Price Target to $74

RBI expects to use the proceeds from the offering of the Notes, together with cash on hand, to redeem in full the Issuers&#39; outstanding&nbsp;5.750%&nbsp;First Lien Senior Secured Notes due 2025 (the &quot;2025 Notes&quot;) and pay related fees and expenses. The Issuers expect to redeem&nbsp;$500 million&nbsp;in aggregate principal amount of 2025 Notes. This press release does not constitute a notice of redemption with respect to the 2025 Notes. The combined effect of the offering of the Notes and the redemption of the 2025 Notes will be neutral to net leverage and accretive to interest expense.

Reported Earlier, Restaurant Brands International Prices $500M 5.625% First Lien Senior Secured Notes Due 2029 To Redeem 2025 Debt

Bill Ackman, <a href="https://www.benzinga.com/topic/bill-ackman">the visionary leader </a>of Pershing Square Capital Management, is making headlines in the financial world with a potential strategic shift from a U.S. closed-end fund IPO to the potential launch of <a href="https://www.benzinga.com/topic/pershing-square">a Pershing Square</a> Exchange-Traded Fund (ETF).
The development was <a href="https://www.msn.com/en-gb/money/other/ackman-may-launch-pershing-square-etf/vi-AA1psU4Q?ocid=socialshare">reported</a> by Bloomberg&#8217;s Eric Balchunas and Katie Greifeld, who detailed Ackman&#8217;s potential shift from a closed-end fund IPO to launching a Pershing Square ETF.
This move comes on the heels of his decision to <a href="https://www.benzinga.com/news/24/07/40082441/bill-ackman-hits-pause-on-pershing-square-ipo-after-investors-hesitate">pull the planned IPO</a>, a shift that could redefine how investors access his high-profile investment strategies.
<h2 class="wp-block-heading">From Closed-End Fund To ETF: What's Behind The Shift?</h2>
Ackman had initially set the stage for a closed-end fund, a traditional investment vehicle known for its potential to trade at significant premiums or discounts to its net asset value (NAV). 
However, considering the current volatility in the IPO market and shifting investor preferences, Ackman is reportedly exploring a more flexible and accessible ETF structure.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/08/40147389/bill-ackmans-pershing-square-sinks-4-7-in-july-dashing-2024-gains">Bill Ackman&#8217;s Pershing Square Sinks 4.7% In July, Dashing 2024 Gains</a>
<h2 class="wp-block-heading">Why An ETF Might Be The Game-Changer</h2>
<ol>
<li>Increased Accessibility and Liquidity: Unlike closed-end funds, ETFs are traded throughout the day like stocks and typically trade close to their NAV due to an in-built arbitrage mechanism. This could attract a broader range of investors, from retail to institutional, enhancing liquidity and transparency.</li>
<li>Cost and Tax Efficiency: ETFs generally boast lower fees and greater tax efficiency compared to closed-end funds. This could be a significant draw for investors looking to benefit from Ackman's investment prowess without the higher costs associated with traditional closed-end funds.</li>
<li>Modern Investment Trends: The ETF market has surged in recent years, driven by demand for liquid, cost-effective, and transparent investment options. Ackman's potential ETF could tap into this trend, aligning Pershing Square with the preferences of today's investors.</li>
</ol>
<h2 class="wp-block-heading">Implications For Investors</h2>
For investors, the prospect of a Pershing Square ETF presents an exciting opportunity to gain exposure to Ackman's concentrated investment strategies.
As of the second quarter this year, Ackman&#8217;s Pershing Square Capital hedge fund was focused on 10 holdings, <a href="https://whalewisdom.com/filer/pershing-square-capital-management-l-p">including</a>:
<ul>
<li>Hilton Worldwide Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLT#NYSE">HLT</a>) &#8211; 18.50%</li>
<li>Chipotle Mexican Grill, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) &#8211; 20.10%</li>
<li>Restaurant Brands International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) &#8211; 16.65%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) &#8211; 13.11%</li>
<li>Canadian Pacific Railway Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CP#NYSE">CP</a>) &#8211; 11.16%</li>
<li>Howard Hughes Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HHH#NYSE">HHH</a>) &#8211; 11.13%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) &#8211; 6.88%</li>
<li>Brookfield Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BN#NYSE">BN</a>) &#8211; 2.70%</li>
<li>Nike Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) &#8211; 2.17%</li>
<li>Seaport Entertainment Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEG#NYSE">SEG</a>) &#8211; 0.62%</li>
</ul>
An ETF could surely offer diversification, tax advantages, and access to a high-profile manager's stock picks. However, potential investors should weigh these benefits against the inherent risks of actively managed funds.
As the ETF market continues to grow, Ackman's potential shift to this vehicle could position Pershing Square at the forefront of modern investing trends.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40576919/goldman-sachs-lowers-oil-price-forecasts-says-us-supply-beating-expectations-downpl">Goldman Sachs Lowers Oil Price Forecasts, Says US Supply &#8216;Beating Expectations,&#8217; Downplays Libya Output Disruptions</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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PZZA

Watching Papa John's International; Traders Circulate Unconfirmed Analyst Comments Suggesting 3G Capital And Restaurant Brands International Could Possibly Make A Bid

A proposed buyout offer of 7-Eleven parent company Seven &amp; I Holdings Co could take the American convenience store from being owned by a Japanese company to<a href="https://www.benzinga.com/markets/asia/24/08/40448182/7-eleven-may-become-canadian-how-japanese-chain-could-change"> a Canadian company.</a>
Many people likely have no idea that 7-Eleven is currently owned by a Japanese company according to a poll of Benzinga readers.
What Happened: Canadian convenience store owner Alimentation Couche-Tard Inc (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANCTF#OTC">ANCTF</a>) has proposed an offer to buy Seven &amp; I Holdings Co, the owner of 7-Eleven, for a reported $31 billion. The news of the deal sent shares of Seven &amp; I Holdings <a href="https://www.benzinga.com/markets/asia/24/08/40453525/7-eleven-owner-seven-i-holdings-sees-6-drop-in-shares-amid-alimentation-couche-tards-potential-takeo">higher to start the week.</a>
7-Eleven was founded in the 1920s in Texas, which currently serves as the company's headquarters. The convenience store has been owned by the Japanese company since 2005, which many Americans likely weren't aware of.
"Did you know that 7-Eleven is a Japanese-owned company?" Benzinga asked its readers.
Seventy-one percent of poll respondents answered no, with 29% saying yes that they knew 7-Eleven was owned by a Japanese company.
While most readers weren't familiar with this example, there are dozens more American companies owned by foreign companies. Here are some examples.
Ben &amp; Jerry's: The American ice cream company founded in Vermont, now owned by Unilever (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UL#NYSE">UL</a>), a U.K. food and consumer products conglomerate.
Burger King: The restaurant brand is owned by Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), a Canadian-American company headquartered in Toronto that also owns Canadian coffee retail brand Tim Horton's.
Trader Joe's: The grocery store brand is owned by German company Aldi Nord, which also owns Aldi.
Smithfield Foods: The American pork producer and food processing company is owned by WH Group, a Chinese food company.
Chrysler: One of the American "Big 3" automakers, Chrysler is now a unit of Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), which is headquartered in the Netherlands.
Budweiser: One of the top-selling American beer brands, Budweiser was founded in St. Louis, Missouri in 1876. The company is now owned by Anheuser-Busch InBev (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>), which is headquartered in Belgium.
Read Also: <a href="https://www.benzinga.com/top-stories/24/08/40423891/buffett-musk-wood-cuban-or-ackman-who-do-investors-trust-most-with-life-savings-poll-shows-it-isnt-e">Buffett, Musk, Wood, Cuban Or Ackman: Who Do Investors Trust Most With Life Savings? Poll Shows It Isn&#8217;t Even Close</a>
Why It's Important: If Alimentation Couche-Tard Inc. completes its takeover of 7-Eleven parent Seven &amp; I, it would create the world&#8217;s leading convenience store operator, with over 100,000 combined locations globally.
The deal would also mark the largest takeover of a Japanese company if the buyout offer is approved.
Alimentation Couche-Tard is one of the most valuable Canadian public companies, and it would likely elevate into the top 10.
With a combined total of over 20,000 locations in the United States, the potential merger could face regulatory scrutiny in North America.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/restaurants/24/07/39635507/joey-chestnut-the-patriot-reigning-champ-shuns-chinese-backed-hot-dogs-for-impossible-america">Joey Chestnut The Patriot? Reigning Champ Shuns Chinese-Backed Hot Dogs For &#8216;Impossible&#8217; American Ones</a></li>
</ul>
The study was conducted by Benzinga on Aug. 19 and Aug. 20, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 121 adults.
Image created using artificial intelligence via Midjourney.

Convenience store chain 7-Eleven could soon be part of the largest takeover of a Japanese company if a buyout offer is approved and history is made by one of the largest<a href="https://www.benzinga.com/money/how-to-buy-canadian-stocks"> Canadian public companies.</a>
What Happened: Canadian convenience store owner Alimentation Couche-Tard Inc (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ANCTF#OTC">ANCTF</a>) has proposed an offer to buy Seven &amp; I Holdings Co, the <a href="https://www.benzinga.com/topic/7-eleven">owner of 7-Eleven.</a>
Alimentation Couche-Tard, which owns the Couche-Tard, Circle K, Holiday and On the Run brands, is the 13th most valuable Canadian public company according to <a href="https://companiesmarketcap.com/canada/largest-companies-in-canada-by-market-cap/">CompaniesbyMarketCap</a>.
The convenience store operator has bid $31 billion to buy Seven &amp; I Holdings Co according to a <a href="https://www.bloomberg.com/news/articles/2024-08-19/couche-tard-made-buyout-offer-for-seven-i-nikkei-reports?srnd=homepage-americas&amp;sref=TBDibEcD">report </a>from Bloomberg. If the transaction is approved, it would mark the largest foreign takeover of a Japanese company.
The merger proposal, which is reportedly being reviewed by Seven &amp; I, would create the world leader of convenience stores with more than 100,000 units worldwide.
Seven &amp; I and Couche-Tard have confirmed that a "friendly, non-binding proposal' was made according to the report, with Seven &amp; I saying a special independent committee is reviewing the offer.
Best known as the owner of 7-Eleven, Seven &amp; I is also the owner of Denny's restaurants in Japan, a supermarket chain and a bank brand.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/04/38185863/seven-i-holdings-contemplates-separation-of-retail-arm-shifts-focus-to-7-eleven-expansion">Seven &amp; I Holdings Contemplates Separation Of Retail Arm, Shifts Focus To 7-Eleven Expansion</a>
Why It's Important: The merger of 7-Eleven and Couche-Tard would create a market leader with a strong presence in North America and beyond.
Couche-Tard has <a href="https://corpo.couche-tard.com/en/our-company/where-we-operate/">around </a>16,700 stores, with the U.S. (7,131) and Canada (2,142) the two largest markets by store count. Other big territories for the retailer include Germany (1,191) and Mexico (856).
The merger would combine the smaller Couche-Tarde with Seven &amp; I, which has over 85,000 locations. Couche-Tard's higher market capitalization gives the Canadian company the edge in the merger.
While Seven &amp; I is a Japanese company, the convenience store owner gets around 75% of annual sales from North America and 25% from Japan.
Seven &amp; I shares soared on news of the bid, marking their biggest one day gain. Although, shares of the Japanese company have fallen 21% since the end of February.
Activist investor ValueAct Capital Management has pushed for changes at the Japanese company with a focus on the potential value unlock of 7-Eleven, which it argued could be worth more than four times the value of Seven &amp; I as a standalone business.
Couche-Tard has expanded into new territories through acquisition previously, and saw a $20 billion bid to buy European retailer Carrefour called off over concerns from the French government in 2021.
The proposed Seven &amp; I deal could see regulatory pressure in North America, with the combined company the owner of over 20,000 units in the U.S.
Seven &amp; I previously<a href="https://www.benzinga.com/m-a/20/08/16890900/7-eleven-to-buy-marathon-petroleum-convenience-stores-arm-speedway-for-21b"> purchased the Speedway gas station</a> and convenience chain from Marathon Petroleum in 2021 for $21 billion.
The merger between the brands could recall a 2014 restaurant merger for some investors. Canadian coffee chain Tim Horton&#8217;s merged with Burger King in 2014. The two restaurant companies are now part of Restaurant Brands International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) and have a large footprint of stores in the U.S., Canada and other markets.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/01/36594233/sunocos-strategic-moves-1b-7-eleven-deal-european-terminals-acquisition-growth-focus">Sunoco&#8217;s Strategic Moves: $1B 7-Eleven Deal, European Terminals Acquisition, Growth Focus</a></li>
</ul>
Photo: Unsplash

Truist Securities analyst Jake Bartlett maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Buy and lowers the price target from $87 to $86.

Truist Securities Maintains Buy on Restaurant Brands Intl, Lowers Price Target to $86

Pershing Square Q2 2024 13F Shows 3,773% Increase In Chipotle Stake; Reduces Holdings In Alphabet, Hilton, And Restaurant Brands; Adds New Positions In Brookfield Corp With 6.85M Shares And Nike With 3.04M Shares

Settlement Expected By August 30, 2024

Offerings

Restaurant Brands International Receives Exchange Notice From 3G Capital Affiliate For 6.53M Exchangeable Units; Units To Be Exchanged For Equal Number Of RBI Common Shares; Selling Shareholder Commences Public Offering Of Up To 6.53M Common Shares

Restaurant Brands International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), a key holding in Bill Ackman's Pershing Square Capital portfolio, reported a mixed bag of results for<a href="https://www.benzinga.com/quote/QSR/earnings"> its second quarter</a>. 
Ackman's Pershing Square Capital, which owns 8.5% of Restaurant Brands, has the stock as its third-largest holding. The stock alone makes up 16.49% of the hedge fund&#8217;s portfolio.
Restaurant Brands recently reported its second-quarter earnings on Aug. 8. While the company&#8217;s revenue surpassed analysts&#8217; estimates, largely driven by Canadian coffee giant Tim Hortons, the stock is struggling to gain traction.
Read Also: <a href="https://www.benzinga.com//node/40258987">Burger King Parent Restaurant Brands Gains After Q2 Results &#8211; Revenue Shines Amid Bold Future Plans</a>
<h1 class="wp-block-heading">Coffee's Hot, But This Stock's Not</h1>
Despite Tim Hortons&#8217; strong performance and the company's international growth, the stock has not reflected the optimism. Restaurant Brands stock is down 2.54% over the past year and 6.92% year-to-date.
CEO Josh Kobza highlighted on the earnings call that while the company's top-line results could have been better, Restaurant Brands International has continued to outperform key competitors in some of its largest markets. 
However, this positive spin hasn&#8217;t been enough to lift investor sentiment or the stock price.
<h1 class="wp-block-heading">Technicals Say ‘Hold The Fries' On This One</h1>
Technically, the stock's outlook is clouded by bearish indicators. 
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent081224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="627" height="456" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12141852/Screenshot-2024-08-12-at-11.48.36-PM.png" alt="" class="wp-image-490595" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12141852/Screenshot-2024-08-12-at-11.48.36-PM.png 627w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/12141852/Screenshot-2024-08-12-at-11.48.36-PM-300x218.png 300w" sizes="(max-width: 627px) 100vw, 627px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent081224&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Restaurant Brand's current share price of $70 is below its five-, 20- and 50-day exponential moving averages, signaling a strongly bearish trend with slight selling pressure.
The eight-day simple moving average at $70.52, the 20-day SMA at $70.89 and the 50-day SMA at $70.17, all suggest bearish signals. 
So, the overall trend remains weak, especially with the 200-day SMA at $73.32, marking another bearish signal.
<h1 class="wp-block-heading">Ackman's Investment Recipe – Needs A Little More Spice</h1>
Ackman might need more than just Tim Hortons' success to turn things around for his third-largest holding. With the stock trending lower and technical indicators flashing caution, investors may need to brace for a bumpy ride ahead.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/08/40147389/bill-ackmans-pershing-square-sinks-4-7-in-july-dashing-2024-gains">Bill Ackman&#8217;s Pershing Square Sinks 4.7% In July, Dashing 2024 Gains</a></li>
</ul>
Courtesy: Restaurant Brands International

Technicals

Restaurants

Global

Movers

General

Bill Ackman's Third-Largest Holding Faces Bearish Headwinds Despite Tim Hortons Boost

Piper Sandler analyst Brian Mullan maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Neutral and lowers the price target from $82 to $75.

Piper Sandler Maintains Neutral on Restaurant Brands Intl, Lowers Price Target to $75

Wells Fargo analyst Jon Tower maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Overweight and lowers the price target from $80 to $77.

Wells Fargo Maintains Overweight on Restaurant Brands Intl, Lowers Price Target to $77

RBC Capital analyst Logan Reich reiterates Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Outperform and maintains $90 price target.

RBC Capital Reiterates Outperform on Restaurant Brands Intl, Maintains $90 Price Target

TD Cowen analyst Andrew Charles maintains Restaurant Brands Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) with a Buy and lowers the price target from $88 to $82.

TD Cowen Maintains Buy on Restaurant Brands Intl, Lowers Price Target to $82

In a report released yesterday, Logan Reich from RBC Capital assigned a Buy rating to Restaurant Brands International (QSR – Research Report), with...

RBC Capital Issues a Buy Rating on Restaurant Brands International (QSR)

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Tracking Bill Ackman's Pershing Square 13F Portfolio - Q2 2024 Update

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Huge National Cheeseburger Day Deals Do McDonald's (NYSE:MCD) Few Favors

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McDonald's new Big Arch sandwich attracts positive early reviews

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Earnings

Press Releases

Restaurant Brands International Inc. Reports Second Quarter 2024 Results

Restaurant Brands International Inc. Announces Receipt of Exchange Notice, Intent to Use Common Shares to Satisfy Exchange and Commencement of Secondary Offering of Common Shares

Restaurant Brands International Inc. Announces Pricing of Secondary Offering of Common Shares

Penny Stocks

Tims China Announces Q2 2024 Results Date & Conference Call

Tims China Registration & Webcast details for Q2 2024 Results Conference Call on Thursday, August 29, 2024

Tims China Announces Second Quarter 2024 Financial Results

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

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

Tims China Partners with Panda Superstar Meng Lan to Celebrate Bagel Maverick

Restaurant Brands International Inc. Announces Renewal of Normal Course Issuer Bid

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Restaurant Brands Intl

Restaurant Brands Intl (QSR) Forecast

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