The operator of Tim Hortons in China closed 34 locations in the second quarter to improve the group’s profitability – a move that led to the brand’s first positive adjusted EBITDA. Tims China’s revenue increased 6% quarter-on-quarter to RMB 366.8 million ($50.5 million) | Image credit: Tims China Tims China achieved its first positive adjusted […]
The US bakery-café chain will open new stores in Colorado and Maryland this quarter and expand to North Carolina and Virginia before the end of 2024 Shipley Do-Nuts has added 80 new stores to its store development pipeline | Image credit: Shipley Do-Nuts US bakery-café chain Shipley Do-Nuts said it was well positioned to achieve […]
Sumitomo Life Insurance Co. acquired a new position in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,466 shares of the restaurant operator’s stock valued at approximately $666,000. A number […]
Envestnet Portfolio Solutions Inc. reduced its position in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 8.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,993 shares of the restaurant operator’s stock after selling 1,249 shares during the quarter. […]
Simplicity Wealth LLC reduced its holdings in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,003 shares of the restaurant operator’s stock after selling 187 shares during the quarter. Simplicity Wealth […]
Value has become the buzzword for fast food brands these days. Like CNBC reported On Sunday (August 11), restaurant CEOs repeatedly pointed to the value of their restaurants as they explained to investors the reason for the decline in sales, while also presenting their plans to increase customer traffic. “Value” appeared almost 80 times when […]
Cetera Advisors LLC increased its stake in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 15.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 9,953 shares of the restaurant operator’s stock after purchasing an additional 1,309 shares during the period. Cetera Advisors LLC’s holdings in […]
Gateway Investment Advisers LLC reduced its holdings in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 30.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission on Form 13F. The institutional investor owned 88,687 shares of the restaurant operator’s stock after selling 39,267 […]
Cetera Investment Advisers increased its position in Restaurant Brands International Inc. (NYSE:QSR – Free Report) (TSE:QSR) by 63.7% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,837 shares of the restaurant operator’s stock after acquiring an additional 15,891 shares during the quarter. Cetera […]
Restaurant Brands International (NYSE:QSR – Free Report) (TSE:QSR) released its quarterly results on Thursday. The restaurant operator reported earnings per share of $0.86 for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01, reports said. Restaurant Brands International had a net margin of 17.17% and a return on equity of 31.12%. The company posted […]
