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Restaurant Brands International Inc (QSR.TO)

QSR.TO on Toronto Stock Exchange

90.82CAD
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Pershing Square Capital Management Lp Cuts Sole Share Stake In Restaurant Brands International
Wednesday, 15 May 2019 

May 15 (Reuters) - Pershing Square Capital Management Lp::PERSHING SQUARE CAPITAL MANAGEMENT LP CUTS SOLE SHARE STAKE IN RESTAURANT BRANDS INTERNATIONAL INC BY 6.8 PERCENT TO 18.3 MILLION SHARES.PERSHING SQUARE CAPITAL MANAGEMENT LP: CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2018.  Full Article

Restaurant Brands International Hosts First Investor Day, Announces Plans to Expand Burger King, Tim Hortons and Popeyes
Wednesday, 15 May 2019 

May 15 (Reuters) - Restaurant Brands International Inc ::RESTAURANT BRANDS INTERNATIONAL - ANNOUNCES PLANS TO EXPAND BURGER KING®, TIM HORTONS® AND POPEYES® TO OVER 40,000 RESTAURANTS GLOBALLY.RESTAURANT BRANDS INTERNATIONAL - PLANS TO GROW FROM APPROXIMATELY 26,000 RESTAURANTS TO MORE THAN 40,000 RESTAURANTS GLOBALLY OVER NEXT 8-10 YEARS..  Full Article

Restaurant Brands International Inc Says CEO Daniel Schwartz's Total Compensation For 2018 Was $18.8 Mln Vs $4.2 Mln In 2017
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Restaurant Brands International Inc ::RESTAURANT BRANDS INTERNATIONAL INC SAYS CEO DANIEL SCHWARTZ'S TOTAL COMPENSATION FOR FY 2018 WAS $18.8 MILLION VERSUS $4.2 MILLION IN FY 2017- SEC FILING.RESTAURANT BRANDS INTERNATIONAL INC SAYS CEO DANIEL SCHWARTZ'S TOTAL COMPENSATION FOR FY 2018 INCLUDES $16.3 MILLION IN STOCK AWARDS.RESTAURANT BRANDS INTERNATIONAL - RATIO OF 2018 ANNUAL TOTAL COMPENSATION OF CEO TO MEDIAN OF ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES IS 951 TO 1.  Full Article

Restaurant Brands International Inc Reports First Quarter 2019 Results
Monday, 29 Apr 2019 

April 29 (Reuters) - Restaurant Brands International Inc ::. REPORTS FIRST QUARTER 2019 RESULTS.QTRLY ADJUSTED EARNINGS PER SHARE $ 0.55.QTRLY TOTAL REVENUE $1,266 MILLION VERSUS $1,254 MILLION.QTRLY EARNINGS PER SHARE $ 0.53.QTRLY CONSOLIDATED SYSTEM-WIDE SALES GROWTH 6.4 PERCENT VERSUS 9.2 PERCENT.RESTAURANT BRANDS INTERNATIONAL QTRLY TH SEGMENT COMPARABLE SALES WERE DOWN 0.6 PERCENT.QTRLY BK SEGMENT COMPARABLE SALES GROWTH 2.2%.COMPARABLE SALES GROWTH WERE 0.6% FOR PLK SEGMENT IN QUARTER.Q1 EARNINGS PER SHARE VIEW $0.58, REVENUE VIEW $1.26 BILLION -- REFINITIV IBES DATA.  Full Article

Restaurant Brands Says Alexandre Santoro, Ex-President Of Popeyes, Is Transitioning To A New Role, Effective March 14
Thursday, 14 Mar 2019 

March 14 (Reuters) - Restaurant Brands International Inc ::RESTAURANT BRANDS - EFFECTIVE MARCH 14, ALEXANDRE SANTORO, WHO SERVED AS PRESIDENT OF POPEYES, IS TRANSITIONING TO A NEW ROLE.RESTAURANT BRANDS INTERNATIONAL INC - FELIPE ATHAYDE WILL SUCCEED SANTORO.RESTAURANT BRANDS-SANTORO TO TRANSITION TO NEW ROLE WITH CO SUPPORTING ITS INTERNATIONAL SUPPLY CHAIN BUSINESS & ASSISTING WITH NEW COUNTRY ENTRIES.  Full Article

Carrols Restaurant Group Enters Into Definitive Agreement To Acquire 221 Restaurants Through Merger With Cambridge Franchise Holdings, LLC
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Carrols Restaurant Group Inc ::CARROLS RESTAURANT GROUP, INC. ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE 221 RESTAURANTS AND EXPAND INTO POPEYES BRAND THROUGH MERGER WITH CAMBRIDGE FRANCHISE HOLDINGS, LLC.CARROLS RESTAURANT GROUP INC - TRANSACTION WILL BE STRUCTURED AS A TAX-FREE MERGER.CARROLS RESTAURANT GROUP INC - CAMBRIDGE WILL RECEIVE APPROXIMATELY 7.36 MILLION SHARES OF CARROLS COMMON STOCK FROM DEAL.CARROLS RESTAURANT GROUP INC - INCLUDING ABOUT $100 MILLION OF NET DEBT ASSUMED FROM CAMBRIDGE, TRANSACTION IS VALUED AT $238 MILLION.CARROLS RESTAURANT - CAMBRIDGE WILL RECEIVE ABOUT 7.36 MILLION SHARES OF CO'S STOCK, AND AT CLOSING WILL OWN ABOUT 16.6% OF CO'S OUTSTANDING COMMON SHARES.CARROLS RESTAURANT GROUP INC - AS PART OF TRANSACTION, CAMBRIDGE WILL HAVE RIGHT TO DESIGNATE UP TO TWO DIRECTOR NOMINEES.CARROLS RESTAURANT GROUP INC - INCLUDING APPROXIMATELY $100 MILLION OF NET DEBT ASSUMED FROM CAMBRIDGE, TRANSACTION VALUE IS OF $238 MILLION.CARROLS RESTAURANT - ENTERED INTO AGREEMENT & PLAN OF MERGER TO ACQUIRE 166 BURGER KING & 55 POPEYES RESTAURANTS FROM CAMBRIDGE FRANCHISE HOLDINGS.CARROLS RESTAURANT GROUP INC - MATT PERELMAN AND ALEX SLOANE WILL JOIN CARROLS BOARD OF DIRECTORS UPON COMPLETION OF MERGER.CARROLS RESTAURANT GROUP INC - ENTERED INTO A NEW AREA DEVELOPMENT AND REMODELING AGREEMENT WITH BURGER KING CORPORATION.  Full Article

Restaurant Brands International Inc Reports Full Year And Fourth Quarter 2018 Results
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Restaurant Brands International Inc ::REPORTS FULL YEAR AND FOURTH QUARTER 2018 RESULTS.INCREASES 2019 DIVIDEND TARGET BY 11%.QTRLY DILUTED EARNINGS PER SHARE $0.64.TARGETING A TOTAL OF $2.00 IN DIVIDENDS PER COMMON SHARE AND PARTNERSHIP EXCHANGEABLE UNIT OF RBI LP FOR 2019.QTRLY ADJUSTED EARNINGS PER SHARE $0.68.QTRLY TOTAL REVENUE UNDER NEW STANDARD $1,385 MILLION & $1,209 MILLION UNDER PREVIOUS STANDARD.Q4 EARNINGS PER SHARE VIEW $0.67, REVENUE VIEW $1.37 BILLION -- REFINITIV IBES DATA.UNDER PREVIOUS STANDARD, QTRLY EARNINGS PER SHARE $0.68 & QTRLY ADJUSTED EARNINGS PER SHARE $0.71.QTRLY SYSTEM-WIDE SALES GROWTH 6.8 PERCENT VERSUS 9.3 PERCENT.QTRLY SYSTEM-WIDE SALES GROWTH AT TH OF 2.4 PERCENT, AT BK 8.4 PERCENT, AT PLK 6.3%.  Full Article

Restaurant Brands International Announces Leadership Changes
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Restaurant Brands International Inc ::RESTAURANT BRANDS INTERNATIONAL ANNOUNCES EXCITING LEADERSHIP CHANGES, PRE-RELEASES FOURTH QUARTER AND FULL YEAR COMPARABLE SALES AND NET RESTAURANT GROWTH, ANNOUNCES DIVIDEND INCREASE AND FIRST INVESTOR DAY CONFERENCE.RESTAURANT BRANDS INTERNATIONAL INC - DANIEL SCHWARTZ PROMOTED TO EXECUTIVE CHAIRMAN OF RBI.RESTAURANT BRANDS INTERNATIONAL INC - JOSE CIL PROMOTED TO CHIEF EXECUTIVE OFFICER (CEO) OF RBI.RESTAURANT BRANDS INTERNATIONAL INC - JOSE CIL PROMOTED TO CHIEF EXECUTIVE OFFICER (CEO) OF RBI.RESTAURANT BRANDS INTERNATIONAL INC - ANNOUNCES DIVIDEND INCREASE.RESTAURANT BRANDS INTERNATIONAL INC - BOARD APPROVES Q1 2019 DIVIDEND INCREASE TO $0.50.RESTAURANT BRANDS INTERNATIONAL INC - TARGETING A 2019 DIVIDEND OF $2.00 VERSUS. $1.80 IN 2018.RESTAURANT BRANDS INTERNATIONAL INC - SCHWARTZ ALSO PROMOTED TO CO-CHAIRMAN OF RBI'S BOARD OF DIRECTORS.RESTAURANT BRANDS INTERNATIONAL - Q4 COMPARABLE SALES OF 2.2% CANADA AND 1.9% GLOBAL AT TIM HORTONS; 0.8% U.S. AND 1.7% GLOBAL AT BURGER KING.RESTAURANT BRANDS INTERNATIONAL INC - SCHWARTZ WILL ALSO TAKE A MORE ACTIVE ROLE AS A PARTNER AT 3G CAPITAL.RESTAURANT BRANDS INTERNATIONAL INC - Q4 NET RESTAURANT GROWTH OF 2.1% AT TIM HORTONS; 6.1% AT BURGER KING; AND 7.3% AT POPEYES.RESTAURANT BRANDS INTERNATIONAL INC - JOSH KOBZA HAS BEEN PROMOTED TO CHIEF OPERATING OFFICER OF RBI.  Full Article

Restaurant Brands: Planning C$700 mln revamp of Tim Hortons - Conf Call
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Restaurant Brands International Inc ::IN Q1 TIM HORTONS EXPERIENCED "SOFTNESS" IN COFFEE DEMAND IN CANADA - CONF CALL.LOOKING TO "MODERNIZE" TIM HORTONS RESTAURANT AND RAMP UP DIGITAL APP - CEO DANIEL SCHWARTZ CONF CALL.RESTAURANT BRANDS - SAYS EXPECTS TO SPEND C$700 MILLION OVER NEXT FOUR YEARS TO REVAMP TIM HORTONS - CEO CONF CALL.RESTAURANT BRANDS - EXPECT MOST TIM HORTONS RESTAURANTS IN CANADA TO BE REDESIGNED BY 2021- CEO CONF CALL.  Full Article

Pershing Square Capital Management‍​ cuts sole share stake in Restaurant Brands International
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Pershing Square Capital Management::Pershing Square Capital Management‍​ cuts sole share stake in Restaurant Brands International Inc by 32.3 percent to 26.5 million shares - SEC filing.‍Pershing Square Capital Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017‍​​.  Full Article

Restaurant Brands to boost outlets by 54% in 8-10 years

Restaurant Brands International Inc said on Wednesday it plans to expand all three of its brands to more than 40,000 restaurants globally, a 54% jump, over the next decade.