Restaurant Brands International Inc. stock price

Restaurant Brands International Inc. latest news:


  • 02/12/2018 05:02:34

    Burger King parent Restaurant Brands earnings fall short of estimates

    Restaurant Brands International Inc. said Monday it had net income of $395 million, or $1.59 a share, in the fourth quarter, up from $118.4 million, or 50 cents a share, in the year-earlier period. The operator of Burger King, Tim Horton and Popeyes said adjusted per-share earnings came to 66 cents, below the FactSet consensus of 72 cents. Revenue rose to $1.234 billion from $1.111 billion, also below the FactSet consensus of $1.575 billion. Chief Executive Daniel Schwartz said the company made good progress in integrating Popeyes, which it acquired in early 2017. "We also improved system-wide sales growth at BURGER KING(R) this year, driven by accelerated net restaurant growth and continued comparable sales momentum," he said. At Tim Hortons, the company launched a mobile app, an espresso based beverage platform in Canada and the U.S. and opened its first restaurants in Asia, Europe and Latin America. Shares were not yet active premarket, but have gained 9% in the last 12 months, while the S&P 500 has gained 13%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/18/2017 07:29:45

    Will the Whopper be delivered? 'Working on it,' Restaurant Brands International CEO says

    Restaurant Brands CEO Daniel Schwartz talked recently about delivery in the U.S., expansion plans and what he orders from each chain.        

  • 11/28/2017 19:47:00

    Better Buy: Kraft Heinz vs. Restaurant Brands International

    Warren Buffett's Berkshire Hathaway owns stakes in both stocks, but only one can be the better buy.

  • 11/27/2017 21:22:11

    Roark agrees to $2.4 billion deal to buy Buffalo Wild Wings: report

    Roark Capital Group has agreed to buy Buffalo Wild Wings in a deal worth $2.4 billion, Bloomberg News reported Monday night. Roark reportedly sweetened the deal by upping its offer to $157 a share, from its original bid of $150. Buffalo Wild Wings shares were unchanged after hours, after closing at $146.40; its shares are down about 5% year to date. The deal could be announced as soon as Tuesday, Bloomberg said. Roark, a private equity firm, reportedly plans to merge the restaurant chain with another of its holdings, Arby's, while keeping the two brands separate, and Arby's Chief Executive Paul Brown will lead the combined company. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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