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Restaurants Brands International Ord Shs T.QSR

Alternate Symbol(s):  QSR

Consumer Cyclical Restaurants
Restaurant Brands International Inc. is a quick-service restaurant company. It franchises and operates quick service restaurants serving premium coffee and other beverage and food products. Its segments include Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), Firehouse Subs (FHS) and International (INTL). Under the Tim Hortons brand, it operates in the donut/coffee/tea category of the quick service segment of the restaurant industry. Under the Burger King brand, it operates in the fast-food hamburger restaurant category of the quick service segment of the restaurant industry. Under the Popeyes brand, it operates in the chicken category of the quick service segment of the restaurant industry. Under the Firehouse Subs brand, it operates in the specialty subs category of the quick service segment of the restaurant industry. Its menu includes premium blend coffee, tea, espresso-based hot and cold specialty drinks, fresh baked goods, including donuts, bagels and more.


TSX:QSR - Post by User

Restaurants Brands International Ord Shs
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Post by RionsRunon May 28, 2020 10:20am
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Post# 31082443

Popeyes is a pandemic favorite

Popeyes is a pandemic favorite
Right up there with Alice B. Toklas brownies. 
 
The company says as of the third week of May Tim Hortons Canada comparable sales were trending in negative mid-twenties up from the negative mid-forties in the second half of March
 
For the same period, Burger King U.S. comparable sales were trending in negative mid-single digits up from the negative low-thirties in the second half of March.
 
Then in an eye-popping reveal, Restaurant Brands says Popeyes U.S. comparable sales were trending in positive low-forties up from flat in the second half of March.
 
QSR is due to present later today at the Bernstein Strategic Decisions Conference.
 
Restaurant Brands stacks up pretty well on a profitability comparison to peers.
Use link for chart.
https://seekingalpha.com/news/3578281-popeyes-is-pandemic-favorite?utm_medium=email&utm_source=seeking_alpha&mail_subject=qsr-popeyes-is-a-pandemic-favorite&utm_campaign=rta-stock-news&utm_content=link-3
 
 
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