Welcome to our dedicated page for Restaurant Brand news (Ticker: QSR), a resource for investors and traders seeking the latest updates and insights on Restaurant Brand stock.
Restaurant Brands International Inc. (QSR) operates iconic quick-service chains including Burger King, Tim Hortons, Popeyes, and Firehouse Subs through a global franchise network. This news hub provides investors and industry observers with timely updates on material developments affecting one of the world's largest QSR operators.
Access official press releases and curated news covering RBI's financial performance, strategic partnerships, menu innovations, and operational initiatives. Track updates across brand portfolios, franchisee support programs, and digital transformation efforts that shape the company's market position.
Key content includes earnings announcements, leadership changes, expansion milestones, and sustainability initiatives. All materials are sourced from verified corporate communications and reputable financial publications to ensure reliability.
Bookmark this page for streamlined access to developments impacting RBI's global operations across 120+ countries. Check regularly for updates on how the company balances brand autonomy with centralized operational best practices in the competitive QSR sector.
Restaurant Brands International Inc. (QSR) announced the renewal of its normal course issuer bid (NCIB) to repurchase up to US$1.0 billion of common shares through the Toronto Stock Exchange. This NCIB will run from August 17, 2022 to August 16, 2023, allowing for the purchase of 30,254,374 shares. As of July 30, 2022, approximately 15 million shares had been repurchased under the previous NCIB. The program aims to enhance shareholder value and may involve market purchases and derivative-based strategies.
In Q2 2022, Restaurant Brands International (QSR) reported a 14% increase in global system-wide sales, totaling over $10 billion, with comparable sales growth of 9%. Tim Hortons Canada achieved 14% growth, while Burger King International saw 18% growth. Digital sales surpassed $3 billion, comprising 33% of total sales. Over $400 million returned to shareholders via dividends and buybacks. However, net income dropped to $346 million from $391 million due to increased tax expenses and share-based compensations. The company anticipates ongoing challenges from inflation and labor shortages.
Restaurant Brands International Inc. (QSR) will announce its second quarter 2022 financial results on August 4, 2022, followed by an investor conference call at 8:30 a.m. Eastern Time. The earnings call will be accessible via webcast on the company's investor relations website, with a replay available for 30 days. Investors can join the call through various dial-in numbers, using access code 194063. RBI, a leading quick service restaurant company, has over $35 billion in annual sales and operates more than 29,000 restaurants globally.
On June 15, 2022, Restaurant Brands International (QSR) held its Annual Meeting of Shareholders, achieving a voter turnout of 86.27% with 390,350,362 eligible votes. All twelve nominees for the Board of Directors were elected, each being an incumbent. Notably, João M. Castro-Neves received 99.83% approval, while Alexandre Behring garnered 92.81%. The results will be filed with Canadian and U.S. securities regulators. RBI operates over 29,000 restaurants worldwide, generating approximately $35 billion in annual sales.
Restaurant Brands International Inc. (TSX: QSR, NYSE: QSR) announced that Matthew Dunnigan, CFO, will participate in a fireside chat at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference on June 14, 2022, at 9:00 am ET. A live audio webcast will be accessible on their investor relations website and will remain available for 30 days post-event. RBI is a leading quick service restaurant company with over $35 billion in annual sales and more than 29,000 restaurants globally, owning brands like TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®.
Restaurant Brands International Inc. (TSX: QSR), a leading quick service restaurant company, announced that its CEO, José Cil, will speak at the RBC Capital Markets 2022 Global Consumer & Retail Conference on June 2, 2022, at 9:20 am ET. A live audio webcast will be accessible on the company's investor relations website and will remain available for 30 days post-event. RBI operates iconic brands including TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, boasting over $35 billion in annual sales and 29,000 restaurants across more than 100 countries.
Restaurant Brands International Inc. (QSR) will participate in the Cowen 6th Annual Future of the Consumer Conference on May 25, 2022, at 9:20 am ET. Key speakers include Joshua Kobza, Chief Operating Officer, and Frank Liberio, Chief Information Officer. A live audio webcast will be accessible on the company’s investor relations website, available for 30 days post-event. RBI operates four major brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, with over $35 billion in annual sales and 29,000+ locations globally.
Restaurant Brands International reported a robust first quarter, showcasing a 14% year-over-year growth in system-wide sales, translating to nearly $1 billion. Comparable sales rose by 8%, driven by over 10% growth at Tim Hortons Canada and over 20% at Burger King International. Digital sales reached an all-time high, and a record number of restaurant openings were noted. The company returned over $400 million to shareholders through dividends and buybacks during the quarter.
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