$QSR owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King ( BK
), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK
, and PLK. Its restaurants offer blend coffee
, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items. As of December 31, 2018, the company owned or franchised a total of 4,846 TH restaurants, 17,796 BK
restaurants, and 3,102 PLK restaurants in approximately 100 countries worldwide and U.S. territories. Restaurant Brands International Inc.
was founded in 1954 and is headquartered in Toronto, Canada.
In recent news:
Burger King (NYSE:QSR) restaurants are adding the Impossible Whopper sandwich to its well-known 2 for $6 promotion.
The development is another move forward for Impossible Foods
(IMPF) into the mainstream.
We also expect the Popeyes chicken sandwich to drive same-store-sales.
Notable shareholders include Bill Ackman's Pershing Square with a 5.05% stake and Warren Buffett's $BRK with a 2.83% stake.
As always, trade with caution and use protective stops.
Good luck to all!