Schwan Axel sold $4.7M of QSR

The Federal Reserve raised interest rates by 25 basis points, the first hike in three years, to combat inflation. Restaurant stocks are under pressure due to declining customer traffic. Companies like Restaurant Brands International (QSR) and Yum! Brands (YUM) may benefit from value menus. The Cheesecake Factory (CAKE) reported strong sales and profit margins. Investors should focus on companies that can maintain traffic and profitability amid rising rates.

Restaurant Brands International (RBI) (TSX: QSR) (NYSE: QSR) announced a renewal of its normal course issuer bid (NCIB) to repurchase up to U.S.$1,000 million of its common shares through September 30, 2027. The company may purchase up to 34,404,688 shares, representing 10% of its public float, on the TSX, NYSE, or alternative trading systems. RBI repurchased 2,910,671 shares under its previous NCIB at an average price of U.S.$74.97 per share. The repurchases will be funded using RBI's cash reso

Burger King President Tom Curtis comments on Trump's 90-day tariff-free beef import plan. While ranchers oppose it, fast-food chains like Restaurant Brands International (QSR), McDonald's (MCD), and Wendy's (WEN) may benefit from lower meat costs. The impact on next quarter's earnings is uncertain.

Restaurant Brands International (QSR) reports strong U.S. same-store sales growth for Burger King at 8.5% in Q2, outpacing McDonald's. The company's Reclaim the Flame initiative and Whopper relaunch have driven market share gains. However, Tim Hortons' growth slowed to 0.1%, and Popeyes saw a 5.2% decline in U.S. same-store sales. International sales rose 5.5%, with Burger King and international segments showing expansion.

Restaurant Brands International (NYSE: QSR) said RBI LP received an exchange notice from 3G Restaurant Brands Holdings LP to exchange 2,784,549 Class B exchangeable units. RBI LP plans to repurchase the units for cash using available funds, with settlement scheduled for Aug. 31, 2026. After settlement, units will be cancelled and RBH will hold about 21% of fully diluted shares, based on a 20-day VWAP.

Restaurant Brands International (QSR) reported Q2 results with adjusted EPS of $1.07 vs $1.03 expected and revenue of $2.52B, up about 4.5% y/y. Burger King US same-store sales rose 8.5%, helping it regain second-largest US burger brand by systemwide sales from Wendy’s (-7.0%). QSR shares fell ~1.6% to $73.89. QSR returned $435M via dividends and buybacks.