Restaurant Brands International Inc.
Restaurant Brands International owns and franchises Tim Hortons, Burger King, Popeyes and Firehouse Subs, serving quick-service restaurant customers in more than 120 countries and territories. As of December 31, 2025, it has 33,041 restaurants, with over 95% of system-wide restaurants franchised. Its operating segments are Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International and Restaurant Holdings. The brands offer coffee and baked goods, hamburgers, chicken, sandwiches and related menu items. Restaurant Brands International makes money through franchise fees and royalties, leasing or subleasing restaurant properties to franchisees, and supply-chain operations, including production, procurement, warehousing and distribution for Tim Hortons restaurants in Canada and the U.S. It also receives some supplier rebates based on purchases by franchisees. Its principal executive office is in Miami, Florida.
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See all $QSR insider activity →Burger King's president, Tom Curtis, explained the chain is moving away from 99-cent nuggets to avoid customer perceptions of low quality. The company is focusing on improving food quality and offering sustainable discounts, with nugget sales up 35% year over year. Parent company Restaurant Brands International continues to promote value meals like $5 Duos and $7 Trios.
Analysts updated ratings for three consumer cyclical companies. UBS maintained a Hold rating on PUMA SE NPV (PMMAF) with a EUR24.80 price target. Restaurant Brands International (QSR) received a Buy rating from Bernstein with a $85.00 target. Nike (NKE) was given a Buy rating by Bernstein with a $45.00 target, despite a Hold consensus.
QSR reported Q3 revenue of $2.53B (1% below estimates) and adjusted EPS of $1.10 (1.4% beat). Burger King's remodels and menu innovations drove same-store sales growth of 3.8%. The company aims to modernize all locations by 2028-2029. Popeyes faced near-term sales pressure due to menu simplification but showed operational improvements. International markets, particularly Japan, Korea, and Brazil, showed strong performance.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning QSR (Restaurant Brands International Inc.). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent QSR coverage spans earnings and financial news.
Potential reduction in ultra-low price promotions may improve perceived quality but could limit short-term traffic.
Analyst upgrade to Buy suggests potential price appreciation.
Earnings beat and positive remodel outlook suggest upside potential.
Strong sales offset by rising beef costs; margins may be pressured.
Buy rating may generate modest buying pressure, while Hold adds some caution.
AlphAI scores every news story that mentions QSR with an AI model for sentiment and relevance, and aggregates insider trades from Restaurant Brands International Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Burger King's president, Tom Curtis, explained the chain is moving away from 99-cent nuggets to avoid customer perceptions of low quality. The company is focusing on improving food quality and offering sustainable discounts, with nugget sales up 35% year over year. Parent company Restaurant Brands International continues to promote value meals like $5 Duos and $7 Trios.
Analysts updated ratings for three consumer cyclical companies. UBS maintained a Hold rating on PUMA SE NPV (PMMAF) with a EUR24.80 price target. Restaurant Brands International (QSR) received a Buy rating from Bernstein with a $85.00 target. Nike (NKE) was given a Buy rating by Bernstein with a $45.00 target, despite a Hold consensus.
QSR reported Q3 revenue of $2.53B (1% below estimates) and adjusted EPS of $1.10 (1.4% beat). Burger King's remodels and menu innovations drove same-store sales growth of 3.8%. The company aims to modernize all locations by 2028-2029. Popeyes faced near-term sales pressure due to menu simplification but showed operational improvements. International markets, particularly Japan, Korea, and Brazil, showed strong performance.
Burger King reported strong sales, with U.S. same-store sales up 8.4% and system-wide sales up 7.5%, reclaiming the #2 position in the U.S. burger category. However, high beef costs have delayed franchise remodels, though some relief is expected next year. The USDA forecasts beef prices to rise 8.6% in 2026. The company is focusing on long-term improvements, including store remodels and menu changes.
Restaurant Brands International (QSR) received a Buy rating and $88.00 price target from Evercore ISI, while UBS also recommended Buy and Wells Fargo assigned Hold. QSR reported Q3 revenue of $2.53B and net profit of $542M, up from $2.45B and $315M last year. Insider sentiment is negative, with recent sales by executives.
Restaurant Brands International (QSR) reported Q3 earnings. Burger King's consumer consideration rose to 78%. Tim Hortons saw 1.8% same-store sales growth, with Matcha drinks driving cold beverage sales. International segment grew 9% system-wide. Popeyes had a 1.8% same-store sales decline but improved satisfaction metrics. Firehouse Subs grew 8.3% system-wide. QSR generated $500M+ in free cash flow, repurchased $274M in shares, and maintained 2026 guidance.
Burger King's US comparable sales rose 8.4% in Q3, driven by product improvements like revamped chicken nuggets and Whopper updates. The chain plans to enhance its fries next. Parent company Restaurant Brands International reported these results, with BK US president Tom Curtis citing consumer demand for quality as a key factor.
Restaurant Brands Asia Ltd reported a 20% revenue surge in Q2 2027. The company plans to open 80-100 new restaurants next year, focusing on linear growth and strict evaluation metrics. It has INR 1,000 crores in cash and INR 450 crores from warrants, with plans to strengthen existing businesses and improve Indonesia operations. Burger King Indonesia shows signs of recovery, but no immediate expansion is planned.
Burger King, part of Restaurant Brands International, reported an 8.4% U.S. sales increase in Q3 2024, following a strong Q2. CEO Josh Kobza attributed the growth to customer feedback. The turnaround includes new menu items and a focus on quality, helping Burger King regain its position as the second-largest U.S. burger chain.
Restaurant Brands International Limited Partnership reported Q3 Non-GAAP EPS of $1.54 and revenue of $2.5B, according to a press release. The company's financial performance is notable for investors tracking its stock (QSP.UN:CA).
