|Bid||57.20 x 800|
|Ask||0.00 x 800|
|Day's Range||64.01 - 65.00|
|52 Week Range||50.20 - 65.59|
|Beta (3Y Monthly)||1.18|
|PE Ratio (TTM)||26.78|
|Forward Dividend & Yield||2.00 (3.13%)|
|1y Target Est||70.50|
Restaurant Brands (QSR) benefits from its solid expansion efforts, various sales building strategies and focus on franchise business model.
Though the purchase price is pocket change for the financial-services giant, this still marks its largest acquisition since the Great Recession.
The world's 10 biggest restaurant companies, arranged by market capitalization – from McDonald's to Brinker International – are mostly chain operations.
Restaurant Brands International Inc (NYSE: QSR ) reported fourth-quarter results highlighted by better than expected same-store sales growth at Burger King and Tim Hortons. The Analyst Piper Jaffray's ...
Restaurant Brands' (QSR) top-line growth in fourth-quarter 2018 can be primarily attributed to increased system-wide sales across the company's brands.
Howard Schultz may be under the biggest presidential delusion since Herbert Hoover's re-election run -- but that doesn't mean the company he founded is suffering. * 10 Stocks That Every 20-Year-Old Should Buy Howard Schultz Since the start of the year, Starbucks (NASDAQ:SBUX) stock is up 7.4%. Shares that were trading near $50 in August are now trading near $70.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn its most recent quarterly report, sales were up 9% year over year, comparable store sales were up 4%, operating margins were 22% in the Americas and, in China, sales were up 18%. Net income came in at $760.6 million, 61 cents per share, on revenue of $6.63 billion. Other than uniting voters against him, this may be Schultz' most impressive achievement. Since stepping down as SBUX executive chairman last summer, the company hasn't missed him. A Stronger FranchiseIt's a stark contrast to Schultz' first retirement, in 2000, when he was forced to swoop in and rescue the company. He closed all stores for three hours to retrain the staff, then set a new strategy, clearing out the executive suite.This time, his long-term strategy of technology, geographic expansion, and huge Roastery stores seems to be working. CEO Kevin Johnson is a former Microsoft (NASDAQ:MSFT) executive and he has moved the company decisively away from the Schultz "personality cult" into a sustainable franchise whose China operations have even growth investors interested. Starbucks now has four women on its board, most recently COO Rosalind Brewer, and enough self-confidence to feel it can beat a Chinese Starbucks clone called Luckin, even while Luckin considers itself a U.S. IPO. This Should Not BeGiven the growing competition, Starbucks stock should not be doing this well.Coffee has been discovered by Wall Street to be as potent an ingredient as sugar -- something you can buy for a few bucks per pound and get hundreds of dollars for in the form of finished drinks.Germany's Riemann family, through JAB Holding, has been buying up every non-Starbucks breakfast joint it can find, doing a partial spin-out of Keurig, as Keurig Dr. Pepper (NYSE:KDP), to bring public investors into the party. Brazil's 3G Capital bought Tim Horton's, the Canadian chain, as part of their Restaurant Brands International (NYSE:QSR).The woods are also still full of new coffee entrepreneurs and there are thousands of one-off stores, including many that have managed to extend their hours with beer, wine, and even music, in ways Starbucks failed at.Starbucks has changed America as no restaurant chain has since McDonald's (NYSE:MCD), and Schultz is the founder (even if he didn't found it).All this continues to fuel the fire of Starbucks bears, who insist the company is slowing down despite a lack of evidence. Goldman Sachs (NYSE:GS) downgraded Starbucks recently, with a price target lower than its February 8 opening bid of $69.14. The Bottom Line on Starbucks StockHoward Schultz is a divisive character, even in his hometown of Seattle. Like a figure in an Aaron Sorkin screenplay, he's a man convinced of his own righteousness, even while he appears out of step with the times.So while your barista insists "Howard doesn't work here anymore", take a moment to admire what he built, and what continues to build there. Starbucks packaged coffee products now have global distribution, and I have been guilty of pounding the table, for the stock during its recent run-up. At its current price Starbucks is fully valued, at nearly 31 times trailing earnings. But the dividend is fully backed by profits and pays 2.1%. It has risen 50% over the last five years. * 7 Forever Stocks to Buy for Long-Term Gains You may be criticized if you bet on "Schultz for President," but you're not stupid to own this stock.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in MSFT. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You Compare Brokers The post Starbucks: A Stock So Strong Even Its Founder Canat Kill It appeared first on InvestorPlace.
Restaurant Brands International Inc., the parent of Burger King, Tim Hortons and Popeyes Louisiana Kitchen, is marching ahead on expanding the international presence of all three brands as it scouts for sales growth. With slowing sales growth in the U.S. for Burger King and Popeyes and flat growth for Tim Hortons in Canada, the Toronto-based company has worked to open up restaurants or form partnerships with local franchisees across Asia, Latin America and Europe. Burger King’s net restaurant count globally rose by more than 1,000 last year, giving it a second year of more than 6% growth.
posted stronger-than-expected fourth quarter earnings, and boosted its 2019 dividend target to $2 a share as same store sales for its Tim Horton's division lead gains for the group. Restaurant Brands said adjusted earnings for the three months ending in December came in at 68 cents per share, up 1.5% from the same period last year and one penny ahead of the Street consensus forecast. "I am pleased to report that our business continued to deliver strong system-wide sales growth in 2018, driven by acceleration of net restaurant growth at Burger King and Popeyes and improved momentum in comparable sales at Tim Hortons through our 'Winning Together' plan," said CEO Jose Cil.
The Dow Jones Industrial Average turned lower on Monday as U.S. trade talks with China were set to resume. posted stronger-than-expected fourth-quarter earnings and boosted its 2019 dividend target to $2 a share. was up 2.3% after Canaccord Genuity lifted its recommendation on the stock to buy from hold and raised its price target to $450 from $330.
U.S. stocks finished mixed Monday as investors looked out for signs of progress in U.S.-China trade talks. The S&P 500 was up less than 0.1% to finish near 2,710. The Dow Jones Industrial Average shed 55 points points, or 0.2%, to finish near 25,053, based on preliminary numbers The Nasdaq Composite was up 0.1% to end near 7,308. The blue-chip Dow recorded its fourth consecutive session of losses. Lower-level talks between Beijing and Washington began on Monday; Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will later meet with Chinese Vice Premier Liu He on Thursday and Friday. In company news, shares of Restaurant Brands International Inc rose 1.6% after the parent of Burger King beat expectations for earnings and same-store growth.
Restaurant Brands earnings and revenue narrowly beat views for the Burger King, Tim Hortons and Popeye's parent. Shares broke out into a buy zone.
The Restaurant Brands International earnings report for the fourth quarter of 2018 has beating some estimates.Source: Ian Rutherford via Flickr (modified)Restaurant Brands International (NYSE:QSR) reported earnings per share of 68 cents for the fourth quarter of the year. This is a decrease from the company's earnings per share of 71 cents from the same time last year. However, it still gives QSR stock a slight boost today by coming in above Wall Street's earnings per share estimate of 67 cents for the quarter.Net income reported in the Restaurant Brands International earnings release for the fourth quarter of 2018 was $301 million. This is a drop from the company's net income of $578 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Restaurant Brands International earnings report for the fourth quarter of the year also includes operating income of $516 million. The fast food company's operating income from the fourth quarter of 2017 was $505 million.Restaurant Brands International earnings release for the fourth quarter of 2018 also has revenue coming in at $1.39 billion. This is better than the company's revenue of $1.23 billion from the fourth quarter of the previous year. It also matches analysts' revenue estimate for the period. * 10 Best Dividend Stocks to Buy for the Next 10 Months The most recent earnings report from Restaurant Brands International also has it announcing a dividend of 50 cents for the first quarter of 2019. The company also says that it is targeting $2.00 in dividends for 2019.QSR stock was up slightly as of noon Monday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Fundamentally Sound Dividend Stocks to Buy * 5 Reasons Reeling FAANG Stocks Won't Deliver Big Returns * 3 Reasons Canopy Growth Could Burn You As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Restaurant Brands International Earnings: QSR Reports Q4 EPS Beat appeared first on InvestorPlace.
Burger King’s parent company Restaurant Brands International (RBI) confirmed on its fourth quarter earnings report on Monday that marketing tactics like Burger King’s “Whopper Detour,” which rewarded diners with 1 cent Whopper deals while ordering in close proximity to a McDonald’s location, are working incredibly well. According to newly instated RBI CEO Jose Cil, Burger […]
Not to mention just how good Popeye's Louisiana Kitchen happens to be, or Tim Horton's coffee. Did you ever have Tim Horton's? Tim Horton's is not very commonplace in New York, but wow, you might not go back to whatever coffee you drank prior to trying this once you get there.
The major stock indexes were barely higher early Monday after giving up solid gains. Lululemon stock is nearing a breakout.
U.S. stock benchmarks climbed Monday morning, as investors watched a new round of negotiations between the U.S. and China on resolve tariff disagreements. The Dow Jones Industrial Average was up 80 points, or 0.3%, at 25,184, the S&P 500 index advanced 0.3% at 2,715, while the Nasdaq Composite Index rose 0.4% at 7,330. Tariff negotiations between Washington and Beijing begin in earnest later in the week, led by U.S. trade representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. Meanwhile, investors were attuned to the possibility of another partial government shutdown beginning after Friday, amid signs that Democrats and Republicans remain at loggerheads over President Donald Trump's demand to obtain funds for a U.S.-Mexico border wall. In corporate news, Restaurant Brands International Inc. stock is up after the parent company of Burger King reported profit and same-store sales growth above Wall Street expectations. Elsewhere, the U.S. dollar extended a recent uptrend, strengthening to around its highest level against a basket of six currencies in about a month, according to FactSet data, tracking the ICE U.S. Dollar Index .
Restaurant Brands (QSR) delivered earnings and revenue surprises of 1.49% and 0.50%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
Our call of the day is Oppenheimer's note on Restaurant Brands, after the firm reaffirmed the company as a top idea, and raised its price target to $75.