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Services | Restaurants | Canada
Why Restaurant Brands International Stock Popped Today

Shares of Restaurant Brands International (NYSE: QSR) were up 9.5% as of 2:30 p.m. EST Wednesday after the quick-service restaurant specialist pre-released strong quarterly comparable sales, announced several executive changes, and raised its quarterly dividend. 

Restaurant Brands International saw comparable sales climb at each of its restaurant concepts, including 1.9% growth at Tim Hortons restaurants (accelerating from 0.6% growth last quarter), 1.7% at Burger King locations (accelerating from 1% in Q3), and a 0.1% increase at Popeyes Louisiana Kitchen (slowing from 0.5% last quarter). Meanwhile, the company grew its consolidated number of restaurants by 5.5% year over year.

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https://finance.yahoo.com/news/why-resta...ccounter=1

zu QSR gehört z.b. auch burger king...

[Bild: QSRc1dl0416.png]
Restaurant Brands Stock Higher on Favorable Earnings Results

The Monday strength may have a little something to do the the $0.50 quarterly payment, up from 45 cents.

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Restaurant Brands reported fiscal Q4 revenue of $1.39 billion, which was in line with expectations. These sales led to earnings per share of $0.68, which beat expectations by a penny. The real news for this stock came in mid-January when the firm shook up the executive line-up, moving Daniel Schwartz from CEO to Executive Chair, and Jose Cil from president of the Burger King unit to CEO.


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https://www.thestreet.com/investing/rest...yptr=yahoo

[Bild: QSRc1dl1457.png]