RBC Capital Expects Continued Outperformance by Restaurant Brands (QSR) Despite FX Headwinds - PT to $38
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Restaurant Brands International Inc. Continues TIM HORTONS® U.S. Expansion with Accelerated Growth in Indiana
February 16, 2016 7:10 AM ESTOAKVILLE, ON, Feb. 16, 2016 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX/NYSE: QSR, TSX: QSP) and Luke Family of Brands ("Luke") have reached an agreement to further develop the TIM HORTONS® brand in Indiana. The agreement will make Luke the exclusive TIM HORTONS® Area Representative and Developer in Indianapolis and Lafayette, responsible for owning and operating restaurants, managing the market and sourcing local entrepreneurs to develop restaurants, creating thousands of jobs in the state of Indiana.
"The Area Representative and Developer model is critical to our strategy... More
Restaurant Brands International Reports Full Year and Fourth Quarter 2015 Results
February 16, 2016 6:45 AM ESTOAKVILLE, ON, Feb. 16, 2016 /PRNewswire/ - Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) today reported financial results for the full year and fourth quarter ended December 31, 2015.
Daniel Schwartz, Chief Executive Officer of Restaurant Brands International ("RBI") commented, "We had a great first year as RBI, finishing the fourth quarter with strong results at both of our iconic brands, TIM HORTONS® and BURGER KING®. Successful product launches combined with significant net restaurant growth drove performance this year and our franchisees achieved meaningful levels of profitability. We continue to be excited about future opportunities at TIM... More
