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Popeyes' Chicken Sandwich War Paid Off In A Huge Way For Franchisees
Tuesday, January 14, 2020 - 3:51pm | 410Investors looking for signs of confirmation that Popeyes is still a winner in the chicken sandwich wars should look no further than Carrols Restaurant Group Inc (NASDAQ: TAST), one of the largest restaurant franchisees in the U.S. Popeyes Comps Rise 21.2% Carrols operates Restaurant Brands...
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Subway Franchisees Reportedly Hate New CEO's Promotional Stance
Tuesday, December 3, 2019 - 1:07pm | 459Fast-food sandwich chain Subway is set to introduce new deals in January that place additional pressure on already struggling franchisees, according to The New York Post. Subway's Promotional CEO Subway's advertising agency discussed several discounts the restaurant is set to...
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Impossible Foods Seeks More Funding
Monday, November 25, 2019 - 11:00pm | 326Plant-based meat substitutes maker Impossible Foods Inc. is eyeing to raise between $300 million and $500 million in a new round of private funding, Reuters reported on Monday. What Happened The new funding — if it happens as planned — will take Impossible Foods’...
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Burger King Sued Over 'Impossible Whopper' Possibly Not Being Vegan
Wednesday, November 20, 2019 - 4:16am | 325Fast-food chain Burger King has been taken to court by a Georgia man for falsely advertising its “Impossible Whopper” burger as meat-free. What Happened With The Impossible Whopper Philip Williams, in his petition, said Burger King violated Florida’s Deceptive and Unfair Trade...
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Analysts Incrementally Bullish On Restaurant Brands
Monday, August 5, 2019 - 10:59am | 580Burger King parent company Restaurant Brands International Inc (NYSE: QSR) reported Friday with second-quarter results that turned two Street analysts incrementally bullish on the restaurant operator. The Analysts KeyBanc Capital Markets' Eric Gonzalez maintained an Overweight rating...
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Burger King's Impossible Whopper To Go Nationwide
Thursday, August 1, 2019 - 8:41am | 341Restaurant Brands International Inc (NYSE: QSR)'s Burger King chain announced Thursday its plant-based Impossible Whopper will be made available nationwide. What Happened Burger King's Impossible Whopper item will be offered at 7,000 locations as of Aug. 8, the company said in a press...
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Burger King, McDonald's And KFC's Stance On Plant-Based Meat Products
Friday, June 7, 2019 - 7:52am | 291There is a huge push for fast-food restaurants to launch meat-free products. This year a number of mainstream fast-food restaurants are joining the meat-free revolution and adding plant-based products to their menu. One of the fastest growing food companies is Beyond Meat (NASDAQ: BYND). Beyond...
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Burger King Slump Leads Longbow To Downgrade Restaurant Brands
Monday, May 13, 2019 - 1:22pm | 356The bearish case for restaurant holding company Restaurant Brands International Inc (NYSE: QSR) can now be made for three reasons, according to Longbow. The Analyst Longbow Research's Alton Stump downgraded Restaurant Brands from Neutral to Underperform with a new $55 price target The Thesis...
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Don't Feel Like A Happy Meal? Burger King Has The Solution
Thursday, May 2, 2019 - 12:06pm | 362Restaurant Brands International Inc (NYSE: QSR)'s Burger King chain is raising mental health awareness with a jab at rival Mcdonald's Corp (NYSE: MCD): an "unhappy meal." What Happened Burger King introduced Wednesday a new lineup of boxed meals in select cities that take a...
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KeyBanc Explains Why Popeyes Unit Economics Matters
Monday, April 1, 2019 - 1:12pm | 349Restaurant chain Popeyes Louisiana Kitchen accounts for around 7 percent of Restaurant Brands International Inc (NYSE: QSR)'s total EBITDA and last week released a franchise presentation that shows some metrics are below pre-acquisition levels, according to KeyBanc. The Analyst KeyBanc Capital...
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Piper Jaffray Applauds Restaurant Brands, Highlights Ongoing Momentum
Tuesday, February 12, 2019 - 1:43pm | 340Restaurant 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 Nicole Miller Regan maintains an Overweight rating on Restaurant Brands with an unchanged $70...
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Cowen Turns Bullish On Tim Hortons' Parent Company
Tuesday, July 17, 2018 - 11:43am | 416The bullish case for Restaurant Brands International Inc (NYSE: QSR), the parent company of multiple global restaurant brands including Tim Hortons, Burger King and Popeyes, can now be made, according to Cowen. The Analyst Cowen's Andrew Charles upgraded Restaurant Brands International...
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Morgan Stanley's Drive-Thru Pair Trade: Buy Restaurant Brands International, Sell Jack In The Box
Monday, March 26, 2018 - 10:35am | 643A plethora of quick service restaurant chains have undergone a refranchising process in the last five years, with company-owned stores being sold to franchisees, Morgan Stanley said in a sector-wide industry report. Now that the process has mostly come to an end, the sell-side firm has become...
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Burger King Takes Jab At Ronald McDonald With New Free Whopper Promotion
Thursday, October 26, 2017 - 3:13pm | 439Somewhere between last year’s clown hauntings and this year’s theatrical release of Stephen King’s “It,” Burger King saw an opportunity. An opportunity to torment its clown-touting foe. The Restaurant Brands International Inc (NYSE: QSR) chain is leveraging the globe...
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Will Short Sellers Hang On To Restaurant Brands International?
Friday, September 8, 2017 - 9:13am | 480Credit Suisse and other analysts are bullish on this restaurant operator. Yet short sellers have been betting heavily against the stock. Its share price has seesawed in the past few weeks. Credit Suisse found reason to be bullish on Restaurant Brands International Inc (NYSE: QSR). Hence...