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The Latest Breaking News from Restaurant Brands

Forget Bill Ackman's IPO, Check Out the Billionaire's Favorite Stocks Instead

The hedge fund manager's Pershing Square USA IPO was delayed, with no reason given, and the size of the offering has been dramatically reduced. However, fans of the billionaire can check out his top hedge fund holdings instead of waiting on the debut of the drama-plagued closed-end fund.

Barchart

McDonald's Pops Above Key Level Despite Earnings Miss On This 'Value' Shift

McDonald's same-store sales fell for the first time since 2020, but value means are luring back lower-income consumers.

Investors Business Daily

Pershing Square Portfolio: Bill Ackman Bets (And Wins) Big With Just A Few Stocks

The Pershing Square portfolio has outperformed the S&P 500 since its inception despite a concentrated bet on large-cap stocks.

Investors Business Daily

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Burger King owner plans major purchase

The deal is slated to be completed by the second quarter of 2024

Salon

Burger King Parent Restaurant Brands International Paid Out More in Executive Pay Than Any Other Canadian Company. Should QSR Shareholders Care?

The Canadian Centre for Policy Alternatives released its annual list of Canada’s highest-paid CEOs. At the top of the list was Patrick Doyle, the former CEO of Domino’s Pizza and current Executive Chairman of Burger King parent Restaurant Brands International.

Barchart

IMF report a timely wake-up call for NZ Inc in election countdown

Business & Investing: Restaurant Brands leads earnings downturn, reporting a problem faced by many businesses: margins being severely squeezed due to cost increases. Andrew Patterson reports.

Newsroom.co.nz

Aggressive Investors: 3 Stocks to Buy Under $10 and Up 100% YTD

According to Barchart.com’s Top 100 Stocks to Buy, there are 44 with 100% or more gains in 2023. Three of them are worth owning and trading below $10.

Barchart

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8 IPOs, 14 Dividend Stocks, Plus Earnings Give Investors A Workout

As top dividend stocks ExxonMobil, BP, Shell and VICI get tested, ONON stock and seven other IPO stocks show strength.

Investors Business Daily

Burger King's New U.S. CEO Seeks to Restore Chain's Luster

Burger King is gearing up to reclaim lost ground in the battle of the burger giants.

Bangkok Post

Dow Jones Gains Amid These Inflation Hopes; Twitter Slams Elon Musk Ahead Of This; Apple Stock Surges

The Dow Jones gained amid improving inflation sentiment. Twitter slammed Tesla CEO Elon Musk ahead of a key event. Apple stock jumped.

Investors Business Daily

Dow Jones Rallies As Bitcoin Tops $22,000

The Dow Jones Industrial Average rose Monday, as the price of Bitcoin topped $22,000 for the first time since Aug. 19.

Investors Business Daily

Dow Jones Rallies As Oil Prices Rebound; DocuSign, Zscaler Soar On Earnings

The Dow Jones Industrial Average rallied 150 points Friday morning, as U.S. oil prices rebounded. DocuSign and Zscaler soared on earnings.

Investors Business Daily

Dow Jones Falls After Powell Speech; AMD, First Solar Climb On Buy Ratings

The Dow Jones Industrial Average fell Thursday, as Federal Reserve Chairman Jerome Powell spoke at the Cato Institute's monetary conference.

Investors Business Daily

Dow Jones Reverses As Apple iPhone 14 Set To Debut; Tesla Rival Nio Surges On Earnings

The Dow Jones Industrial Average reversed higher Wednesday. Apple stock rallied ahead of its "Far Out" iPhone 14 launch event.

Investors Business Daily

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Benzinga

Burger King Faces Difficulty In Exiting Russian JV: Reuters

Restaurant Brands International Inc (NYSE:QSR) owned Burger King is finding it difficult to close its joint venture in Russia, Reuters reported. The fast-food chain has been having a hard time exiting its partnership and about 800 franchised locations after Russia's invasion of Ukraine. Restaurant Brands intended to dispose of its Burger King joint venture ownership…

Benzinga

Tim Hortons, Burger King Parent Clocks Strong Performance In Q1

Restaurant Brands International Inc (NYSE:QSR) (TSX:QSR) reported first-quarter FY22 sales growth of 15.1% year-on-year to $1.45 billion, beating the consensus of $1.41 billion. Comparable Sales for Tim Horton rose 8.4%, Burger King increased 10.3%, and Popeyes Louisiana Kitchen fell 3%. Revenue for Tim Horton's climbed 16.8% Y/Y, Burger King rose 9%, and Popeyes…

Benzinga

Restaurant Brands Plans Disposing Stake In Russian Burger King: WSJ

Restaurant Brands International Inc (NYSE:QSR) has started the process of disposing of its ownership stake in a Burger King joint venture in Russia, the Wall Street Journal reported. Restaurant Brands operates in Russia through joint-venture partners, none of whom own a majority stake. It holds a 15% stake in the joint-venture partnership, which…

Benzinga

Burger King, Tim Hortons Parent Restaurant Brands Q4 Performance Beats Consensus

Restaurant Brands International Inc (NYSE:QSR) reported fourth-quarter FY21 sales growth of 13.8% year-on-year, to $1.55 billion, beating the analyst consensus of $1.50 billion. Comparable Sales for Tim Horton rose 10.3%, Burger King increased 11.3%, and Popeyes Louisiana Kitchen fell 0.4%. System-wide sales for Tim Horton's climbed 17.5% Y/Y, Burger King rose 13.9%, and…

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