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Argus Downgrades Restaurant Brands International (QSR) to Hold

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Tims China Opens 300th Coffee Shop

October 26, 2021 4:30 PM EDT

SHANGHAI, Oct. 26, 2021 /PRNewswire/ -- TH International Limited (together with its wholly owned subsidiaries, "THIL" or "Tims China") announced today that it had opened its 300th coffee shop in China.

The milestone store opening in Tianjin was celebrated with 500 guests who visited on opening day, and the occasion marked the launch of a national "Tims 300" marketing program.  

Tims China holds the exclusive master franchise rights for Tim Hortons coffee shops in China.  Formed in 2019 by private equity firm Cartesian Capital Group, Tims China brings an iconic coffee and bakeshop to one of the fastest-growing... More

Restaurant Brands International Inc. Reports Third Quarter 2021 Results

October 25, 2021 6:30 AM EDT

Global system-wide sales grew 11% year-over-year and accelerated sequentially to +5% compared to 2019 Burger King international system-wide sales grew 25% year-over-year and +10% compared to 2019Year-to-date unit growth and pipeline keep RBI on track to return to pre-pandemic levels in 2021 and accelerate in 2022 Returned over $425 million of capital to shareholders through dividends and share buybacksAnnounced commitment to reduce greenhouse gas emissions 50% by 2030 and reach net zero emissions by 2050 or sooner

TORONTO, Oct. 25, 2021 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the third quarter ended September 30, 2021.

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