Restaurant Brands International Inc. owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brands. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items. As of December 31, 2020, the company owned or franchised a total of 4,949 TH restaurants, 18,625 BK restaurants, and 3,451 PLK restaurants in approximately 100 countries worldwide and U.S. territories. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Toronto, Canada.
IPO Year: 2014
Exchange: NYSE
Website: rbi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/14/2025 | $70.00 | Buy → Hold | TD Cowen |
| 2/13/2025 | Buy → Hold | Argus | |
| 1/24/2025 | $74.00 → $71.00 | Neutral → Buy | Guggenheim |
| 10/22/2024 | $89.00 → $86.00 | Outperform | Oppenheimer |
| 6/13/2024 | $80.00 | Buy | Goldman |
| 11/30/2023 | $85.00 | Mkt Perform → Outperform | Bernstein |
| 10/19/2023 | $75.00 | Buy | Deutsche Bank |
| 9/29/2023 | $77.00 → $81.00 | Hold → Buy | Loop Capital |
| 8/22/2023 | Neutral → Buy | Northcoast | |
| 8/21/2023 | $82.00 | Overweight | JP Morgan |
RBI acquires partners' equity stakes and will identify a new local operating partner Transaction shows commitment to drive long-term growth in China TORONTO, Feb. 18, 2025 /PRNewswire/ -- Restaurant Brands International Inc. (NYSE:QSR) (TSX:QSR) (TSX:QSP) ("RBI", "Company") announced today that a subsidiary of RBI has acquired from TFI Asia Holdings BV ("TFI") and Pangaea Two Acquisition Holdings XXIII, Ltd ("Cartesian") all their equity interests in Burger King China for approximately $158M in an all-cash transaction. As a result, RBI now owns nearly 100% of the business and
Global system-wide sales grow 5.6% for the fourth quarter and 5.4% for 2024Global comparable sales up 2.5% in Q4, led by 4.7% at INTL and 2.5% at TH Canada2024 Income from Operations grows 17.9% year-over-year and Organic Adjusted Operating Income grew 9%~$1.0 billion of capital returned to shareholders in 2024 while investing for growth and reaching net leverage targetRBI declares target total of $2.48 in dividends per common share and partnership exchangeable unit for 2025 TORONTO, Feb. 12, 2025 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (NYSE:QSR) (TSX:QSR) (TSX:QSP) today reported financial results for the full year and fourth quarter ended December 31, 2024. Josh Kobza,
TORONTO, Dec. 19, 2024 /CNW/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) will release its full year and fourth quarter 2024 financial results on Wednesday, February 12, 2025 and will host an investor conference call that morning at 8:30 a.m. Eastern Time. The earnings call will be webcast on the company's investor relations website (https://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: 1 (833)-470-1428 for U.S. callers, 1 (83
Achieved Consecutive Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Company Owned and Operated Store Contribution Margin4 of 13.3% SHANGHAI and NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") today announced its unaudited financial results for the third quarter 2024. THIRD QUARTER 2024 HIGHLIGHTS Total revenues of RMB359.6 million (USD51.3 million), representing a 17.1% decrease from the same quarter of 2023.System sales2 of RMB372.4 million (USD53.1 million), representing a 15.5% decrease from the same quarter of 2023.Net new store openings f
Consolidated system-wide sales grow +3.2% year-over-yearGlobal comparable sales of +0.3%, including +2.7% at TH Canada and +1.8% at INTLFive franchisor segments deliver year-over-year growth in Adjusted Operating IncomeRBI on track to deliver 8%+ organic Adjusted Operating Income growth for 2024 TORONTO, Nov. 5, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) today reported financial results for the third quarter ended September 30, 2024. Josh Kobza, Chief Executive Officer of RBI commented, "Our results demonstrate the resilience of our business and the dedication of our teams and franchisees. We remain focused on providing great value for
SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China,
TORONTO , Sept. 25, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) will release its third quarter 2024 financial results on Tuesday, November 5, 2024. An investor conference call will be hosted that morning at 8:45 a.m. Eastern Time. The earnings call will be webcast on the company's investor relations website (https://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: 1 (833)-470-1428 for U.S. callers, 1 (833)-950-
Achieved First-ever Quarterly Adjusted Corporate EBITDA1 Profitability Generated Highest-ever Adjusted Store EBITDA Margin of 10.3% SHANGHAI and NEW YORK, Aug. 29, 2024 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company"), today announced its unaudited financial results for the second quarter 2024. SECOND QUARTER 2024 HIGHLIGHTS Total revenues of RMB366.8 million (USD50.5 million), representing a 10.9% decrease from the same quarter of 2023. System sales2
SHANGHAI and NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. The webcast features a ‘Submit Your Question' tab at the top, where you have the opportunity to submit your question before and during the call. Participants are strongly encouraged to pre-
SHANGHAI and NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its second quarter results before market opening on Thursday, August 29, 2024, with a conference call to follow at 8:00 AM EDT or 8:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (NASDAQ:THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hon
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
4 - Restaurant Brands International Inc. (0001618756) (Issuer)
RBI Acquires Popeyes China and Plans to Accelerate Growth Co-investment alongside Cartesian Capital in Tims China Business TORONTO, July 1, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX:QSR) (NYSE:QSR) (TSX:QSP) ("RBI", "Company") announced today two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited ("Tims China") (NASDAQ:THCH). The two transactions reflect RBI's confidence in China, one of the largest QSR markets globally, and its commitment to drive growth in the market. RBI's total amount of capital outlay will be up to $45M for the two transactions.
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 as a board member for Mondelez International and Avery Dennison Corporation Appointment will contribute to RBI's aspiration of opening at least 7,000 new international restaurants through 2028 TORONTO, May 29, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX:QSR) (NYSE:QSR) (TSX:QSP) ("RBI", "Company") has appointed Patrick Siewert as its Senior Advisor in the Asia-Pacific region. Mr. Siewert has extensive knowledge in food, beverage and consumer products in Asia, having served as Ch
O'Neill Will Lend Experience in Scaling Cloud Software to Industry Leading Composable CDP NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Today, GrowthLoop announces the appointment of Chris O'Neill to their Board of Directors, further accelerating GrowthLoop's transformative new approach to growth marketing by providing audiences, journeys, and measurement directly on the data cloud. Chris O'Neill is a purpose-driven global technology leader with 25+ years of experience as an executive at Google, Evernote, and Xero, and a Fortune 500 board director at Gap Inc. and Tim Hortons. "I am t
RBI Board of Directors believes Patrick Doyle's appointment will unlock exceptional growth potential alongside current leadership Mr. Doyle is one of the world's most successful global QSR leaders; having doubled system-wide sales, delivered 29 consecutive quarters of same store sales growth, created ~$11B of shareholder value and increased home market franchisee profitability more than 2x while CEO of Domino's Pizza from 2010-2018 TORONTO, Nov. 16, 2022 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) has appointed Patrick Doyle, one of the world's most successful QSR leaders, to become the company's Executive Chairman, effective immediately. The Bo
Iconic sub sandwich chain plans to open 165 restaurants across Australia in next 10 years TORONTO, Feb. 18, 2025 /PRNewswire/ - Firehouse Subs®, the iconic American sub sandwich restaurant chain renowned for delivering large, flavorful portions and exceptional customer experience, is coming to Australia this year. Retail Food Group (RFG), Australia's largest multi-brand retail food franchisor, intends for Firehouse Subs to become the #1 sandwich choice in the country, with plans to open 165 restaurants in 10 years, and the first restaurant planned to open in Southeast Queensland in late 2025. Founded in Florida, U.S., in 1994 by two former firefighter brothers, Firehouse Subs is celebrated
RBI acquires partners' equity stakes and will identify a new local operating partner Transaction shows commitment to drive long-term growth in China TORONTO, Feb. 18, 2025 /PRNewswire/ -- Restaurant Brands International Inc. (NYSE:QSR) (TSX:QSR) (TSX:QSP) ("RBI", "Company") announced today that a subsidiary of RBI has acquired from TFI Asia Holdings BV ("TFI") and Pangaea Two Acquisition Holdings XXIII, Ltd ("Cartesian") all their equity interests in Burger King China for approximately $158M in an all-cash transaction. As a result, RBI now owns nearly 100% of the business and
SHANGHAI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company") today announced the launch of its "Light Bagel Sandwich Lunch Box Series", enhancing its commitment to providing high-quality, convenient coffee and warm, healthy food experiences. Centered around a bagel sandwich + salad + coffee combination, this new lunch offering targets urban consumers seeking convenient and healthy meal options, tapping into a new trend in healthy Western-style lunches. [Tims China "Light Bagel Sandwich Lunch Box Series"] "Light Bagel Sandwich Lunch Box" Launches Nationwid
Global system-wide sales grow 5.6% for the fourth quarter and 5.4% for 2024Global comparable sales up 2.5% in Q4, led by 4.7% at INTL and 2.5% at TH Canada2024 Income from Operations grows 17.9% year-over-year and Organic Adjusted Operating Income grew 9%~$1.0 billion of capital returned to shareholders in 2024 while investing for growth and reaching net leverage targetRBI declares target total of $2.48 in dividends per common share and partnership exchangeable unit for 2025 TORONTO, Feb. 12, 2025 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (NYSE:QSR) (TSX:QSR) (TSX:QSP) today reported financial results for the full year and fourth quarter ended December 31, 2024. Josh Kobza,
SHANGHAI, Jan. 27, 2025 (GLOBE NEWSWIRE) -- TH International Limited (NASDAQ:THCH), the exclusive operator of Tim Hortons coffee shops in China ("Tims China" or the "Company"), is thrilled to announce the grand opening of its first store in Nanchang, Jiangxi Province. This milestone further solidifies Tims China's nationwide presence, extending its footprint to 27 of the country's 34 province-level geographies. [Nanchang Store and Chinese New Year 2025 offerings] The renowned historic city of Nanchang, with over 6.5 million residents, is the capital of Jiangxi Province, which has a population of about 45 million. Nanchang is bordered by the Meiling Mountains and Poyang Lake, the
Firehouse Subs® to open more than 500 restaurants over the next 10 years in Brazil, beginning in 2025 TORONTO, Jan. 9, 2025 /PRNewswire/ - Today, the Firehouse Subs® brand announces its entry to Brazil building on its international expansion. The brand plans to open more than 500 restaurants in 10 years across the country. The first restaurant is expected to launch in 2025 and will mark Firehouse Subs debut in South America. Founded in Jacksonville, Florida, in 1994 by two former firefighter brothers, Firehouse Subs is celebrated for its premium sandwiches, made using a unique cooking method unlocking juicier flavors by steaming the meats and cheeses. The brand combines hearty portions, hea
TORONTO, Dec. 19, 2024 /CNW/ - Restaurant Brands International Inc. ("RBI") (TSX:QSR) (NYSE:QSR) (TSX:QSP) will release its full year and fourth quarter 2024 financial results on Wednesday, February 12, 2025 and will host an investor conference call that morning at 8:30 a.m. Eastern Time. The earnings call will be webcast on the company's investor relations website (https://rbi.com/investors) and a replay will be available for 30 days following the release. Investors may also access the conference call via the following dial-in numbers: 1 (833)-470-1428 for U.S. callers, 1 (83
TORONTO, Dec. 5, 2024 /CNW/ - Restaurant Brands International, Inc. (TSX:QSR) (NYSE:QSR) (TSX:QSP) ("RBI") has been notified of an unsolicited mini-tender offer made by New York Stock and Bonds LLC ("NYSB") to purchase up to 10,000 RBI common shares, or approximately 0.003% of the company's outstanding common shares, at a price of US$45.00 per share. RBI cautions shareholders that the mini-tender offer has been made at a price below market price for RBI shares. The offer represents a discount of 35.51% on the NYSE closing price for RBI common shares on November 21, 2024, the last trading day before the mini-tender offer was commenced.
SHANGHAI, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Over the past week, Tims China's coffee shops across the country have been filled with the spirit of gratitude and celebration, spurred on by the inaugural "Timsgiving" campaign. "Sharing kindness and paying it forward in our communities is a Tim Hortons tradition. This Thanksgiving, we were thrilled to introduce the ‘Timsgiving' pay-it-forward campaign in China, encouraging our guests to enjoy and share a free coffee," said Yongchen Lu, CEO of Tims China. "In the end, we saw 1,500 people forward coffee from one customer to the next with the longest chains being 30 customers in a row. We hope this initiative brought about many heartwarming mom
TORONTO, Nov. 26, 2024 /CNW/ - Restaurant Brands International Inc. (TSX:QSR) (NYSE:QSR) (TSX:QSP) ("RBI") announced today that Josh Kobza, Chief Executive Officer, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 4, 2024 at 8:45am Eastern Time. A live audio webcast will be available on the company's investor relations website (http://rbi.com/investors) and will be available for 30 days following the event. About Restaurant Brands International Inc. Restaurant Brands International Inc. is one of the world's largest quick
TD Cowen downgraded Restaurant Brands Int'l from Buy to Hold and set a new price target of $70.00
Argus downgraded Restaurant Brands Int'l from Buy to Hold
Guggenheim upgraded Restaurant Brands Int'l from Neutral to Buy and set a new price target of $71.00 from $74.00 previously
Oppenheimer reiterated coverage of Restaurant Brands Int'l with a rating of Outperform and set a new price target of $86.00 from $89.00 previously
Goldman initiated coverage of Restaurant Brands Int'l with a rating of Buy and set a new price target of $80.00
Bernstein upgraded Restaurant Brands Int'l from Mkt Perform to Outperform and set a new price target of $85.00
Deutsche Bank initiated coverage of Restaurant Brands Int'l with a rating of Buy and set a new price target of $75.00
Loop Capital upgraded Restaurant Brands Int'l from Hold to Buy and set a new price target of $81.00 from $77.00 previously
Northcoast upgraded Restaurant Brands Int'l from Neutral to Buy
JP Morgan initiated coverage of Restaurant Brands Int'l with a rating of Overweight and set a new price target of $82.00
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10-Q - Restaurant Brands International Inc. (0001618756) (Filer)
8-K - Restaurant Brands International Inc. (0001618756) (Filer)
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