Restaurant Brand Stock Price, News & Analysis

Restaurant Brands International (NYSE: QSR) said its CEO Josh Kobza and CFO Sami Siddiqui will appear in a fireside chat at the Barclays 11th Annual Eat, Sleep, Play, Shop Conference in New York City on December 3, 2025 at 8:15 AM ET.

A live audio webcast will be accessible on the company's investor relations website and a replay will be available for a limited time after the event. RBI notes it operates over 32,000 restaurants across more than 120 countries and reports approximately $45 billion in annual system-wide sales. The company owns the brands Tim Hortons, Burger King, Popeyes, and Firehouse Subs.

Northern Technologies International Corporation (NTIC) — press release dated November 18, 2025 — warns shareholders about an unsolicited mini-tender offer from Ocehan LLC to buy up to 50,000 shares (~0.02% of outstanding) at CAD $66.50 per share.

The offer price represents a 24.81% discount to the TSX closing price of CAD $88.44 on August 20, 2025. The company cautions that mini-tender offers often avoid full disclosure requirements and recommends shareholders not tender shares and to compare the offer to market prices. The release notes shareholders have a 14-day withdrawal window per the offer documents and directs readers to SEC and CSA guidance on mini-tenders.

Restaurant Brands International (NYSE: QSR) announced an underwritten registered secondary offering by HL1 17 LP, an affiliate of 3G Capital, that priced on Nov 13, 2025 for up to 17,626,570 common shares. The offering relates to an exchange notice to convert 17,626,570 Class B exchangeable units of RBI LP into an equal number of RBI common shares (the "Exchange").

A forward sale agreement with BofA Securities covers up to 17,626,570 shares; BofA or its affiliates expect to borrow and sell 9,785,784 shares and may sell up to 7,840,786 additional shares if certain investors complete purchases. Settlement of the forward sale and the Exchange is expected on or before December 3, 2025, and the offering is expected to close on November 17, 2025. RBI will not sell shares in the offering and will not receive proceeds.

Restaurant Brands International (QSR) announced that an underwritten registered public offering by selling shareholder HL1 17 LP priced for up to 17,626,570 common shares related to an exchange of 17,626,570 Class B exchangeable units of RBI LP.

In connection with the offering, the selling shareholder entered a forward sale agreement with BofA Securities; the forward counterparty or affiliates are expected to borrow and sell up to 9,785,784 shares and potentially up to 7,840,786 more shares if certain investors complete purchases. RBI will not sell shares or receive proceeds. The forward settlement and the Exchange are expected on or before December 3, 2025; the offering is expected to close on November 17, 2025, subject to customary conditions.

Restaurant Brands International (NYSE: QSR) announced that affiliate HL1 17 LP has given an exchange notice to convert 17,626,570 Class B exchangeable units into an equal number of RBI common shares, and RBI LP intends to satisfy the exchange with delivery of common shares. The Selling Shareholder has commenced an underwritten registered public offering of up to 17,626,570 common shares, and expects a forward sale agreement with BofA Securities covering up to that amount.

Settlement of the Exchange and the forward sale is expected on or before December 3, 2025. RBI will not sell shares or receive proceeds from the offering.

Restaurant Brands International (NYSE: QSR) and CPE announced a joint venture to scale Burger King China from ~1,250 restaurants today to over 4,000 by 2035. CPE will invest $350 million of primary capital at close to fund expansion, marketing, menu innovation, and operations. After closing, CPE will own ~83% of the business and RBI will retain ~17% and a board seat. A 20-year master development agreement grants exclusive rights to develop Burger King in China. RBI will begin recognizing royalties from the business with a step-up to historical rates over time. Transaction expected to close in Q1 2026, subject to regulatory approvals.

Restaurant Brands International (NYSE: QSR) announced two senior U.S. and Canada leadership changes on November 4, 2025. Peter Perdue, a 12‑year RBI veteran and former COO of Burger King U.S. & Canada, was appointed President of Popeyes, U.S. and Canada, succeeding Jeff Klein who will be leaving the company. Nicolas Henrich was named Chief Operating Officer of Burger King, U.S. and Canada, succeeding Perdue. Announcements highlight Perdue's role in Burger King's operations turnaround and Henrich's franchise, finance, and supply‑chain experience; management will focus on unlocking share gains at Popeyes and driving Burger King operational excellence.

Restaurant Brands International (NYSE: QSR) reported third-quarter 2025 results for the period ended September 30, 2025: Consolidated system‑wide sales +6.9% YoY, Comparable Sales +4.0%, and International Comparable Sales +12.1%. GAAP income from operations was $663M and diluted EPS from continuing operations was $0.96. Adjusted Operating Income (AOI) was $702M with organic AOI growth of 8.8%; Adjusted EPS was $1.03 (nominal growth +10.7%). Net leverage was reported at 4.4x. Management said RBI remains on track for 8%+ organic AOI growth for 2025 and highlighted strength in Tim Hortons and International segments.

Restaurant Brands International (NYSE: QSR) warned shareholders on October 15, 2025 about an unsolicited mini-tender offer from New York Stock and Bond LLC to buy up to 10,000 shares (~0.002% of outstanding) at US$28.80 per share. RBI noted that US$28.80 is a 54.89% discount to the NYSE closing price of US$63.85 on September 16, 2025 and does not endorse the offer. RBI recommends shareholders do not tender and reminds those who already tendered they can withdraw within 14 days following delivery of their acceptance form per the offer documents. The release cites SEC and CSA guidance warning investors about mini-tender risks and provides links for broker and investor resources.