QSR
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Restaurant Brands Intern
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QSR News24 articles
Tim Hortons' Harry Potter Menu Faces Key Test After Flat Q2 Sales
Tim Hortons debuts a Harry Potter-themed menu in the U.S. on August 12, following a mere 0.1% rise in Canadian comparable sales. The promotion is seen as a key test for the brand's ability to drive traffic.
RBI Stock Slips 2% Despite Burger King's Strong Quarter
Shares of Restaurant Brands International dropped 2.1% on Thursday even as Burger King posted its best US comparable sales in years, raising concerns about growth concentration.
Wendy's Cuts Dividend in Half, Withdraws 2026 Outlook as U.S. Sales Slump
Wendy's halves dividend to $0.07 per share and withdraws 2026 guidance after U.S. same-store sales dropped 7%, far worse than expected. The move frees up about $53.4 million annually.
Chipotle Shares Plunge 9.7% as Salmonella Probe Hits $4.7B Market Value
Chipotle shares tumbled 9.7% on Tuesday after a salmonella outbreak linked to jalapeños erased $4.7 billion in market value. The stock now sits just above the company's repurchase price.
Raising Cane's August Expansion Plan Signals Shift in Chicken Brand Growth
Raising Cane's will open seven new restaurants in August, including two in new markets, as the chicken chain aims for 100 openings in 2026.
Starbucks Beats Earnings but Margin Growth Stays Modest
Starbucks delivered strong Q3 sales and earnings beats, yet North American margins improved only slightly. Shares rose 1.9% for the week as guidance was raised.
McDonald's Stock Climbs as Q2 Profit Estimates Slip Ahead of Earnings
McDonald's (MCD) shares advanced 2.2% last week, outperforming the broader market, even as analysts trimmed Q2 profit estimates by 2.9%. All eyes are on Tuesday's earnings report.
Hardee's Remains Privately Held; Americana Offers Closest Public Proxy
Hardee's is privately held by CKE Restaurants. Americana Restaurants International (6015) offers the closest public proxy, though its performance is heavily tied to KFC.
Long John Silver's Store Count Shrinks 4.6%, Tests Same-Store Sales Streak
Long John Silver's ended 2025 with 479 U.S. restaurants, down 4.6%, while maintaining a 16-quarter same-store sales streak. Analysts estimate 4.8% comp growth needed to offset unit losses.
McDonald's Stock Nears 52-Week Low Amid Analyst Split on Recovery
McDonald's shares fell to near a 52-week low, with analyst targets ranging from $300 to $390, reflecting uncertainty about the fast-food giant's recovery.
Hardee's Franchisee Bankruptcy Reveals 33% Revenue Per Store Gap
Superior Star's bankruptcy reveals a 33% revenue per store gap compared to Hardee's average, driven by deferred maintenance and aging facilities.
Hardee's Franchise Concentration Exposed as 107 Closures Hit System
Closures by two large franchisees total 107, exactly matching Hardee's net decline in franchised outlets over two years, exposing concentration risk in its franchise model.
Hardee's Franchisee Bankruptcy Reveals 95% Claim Concentration in Acquisition Debt
Superior Star LLC's bankruptcy reveals 94.6% of its largest unsecured claims are acquisition-related, not trade payables, threatening Hardee's revenue and bond payments.
Two US Retailers File Chapter 11 as Legacy Lease and Debt Costs Hit $9.3M
Sneaker City Albany and Hardee's franchisee Superior Star filed Chapter 11 within a day, facing $9.31 million in mall guarantees and seller-finance debt.
Wendy's Stock Surges on Record Volume Amid Short Squeeze and CFO Change
Wendy's stock surged 25.8% on record volume, with short interest at 34% and a new CFO appointed, adding pressure to its turnaround plans.
Chipotle Bounces Back Amid Market Selloff; Monday Will Test Rally
Chipotle stock rose 4.12% on Friday after JPMorgan upgraded it, defying a broad market rout. Monday's trading will test whether the rally is sustainable.
McDonald's Unveils 'NEXT' Strategy to Win Back Diners with Chicken and Automation
McDonald's shares fell 1.1% after unveiling its NEXT strategy, which emphasizes chicken, automation, and value to lure budget-conscious diners. Investors are waiting for financial details as risks of higher costs loom.
McDonald's Q1 Earnings Beat: Value Strategy Under Scrutiny as U.S. Traffic Wavers
McDonald's beat Q1 earnings estimates with revenue up 9% to $6.517B, but U.S. same-store sales missed targets and traffic was uneven, testing value meal strategy.
Markets Brace for Jobs Data, Fed Divisions, and Earnings Wave
The S&P 500 and Nasdaq hit record highs, but a busy week of earnings, jobs data, and Fed divisions looms, testing the rally's durability.
McDonald's Sales Surge on Value Deals, Shares Gain
McDonald's shares advanced as quarterly results exceeded expectations, with global comparable sales rising 5.7%. Value-focused offerings and marketing campaigns helped drive customer traffic.
McDonald's Shares Dip Pre-Earnings Amid Focus on Consumer Trends, Costs
McDonald's stock declined slightly ahead of its quarterly results, with investors assessing consumer resilience and rising beef costs. Options markets anticipate a 3% price swing.
Sysco Shares Dip 3.6% on Sales Miss as Restaurant Demand Weighs on $29B Deal
Sysco shares dropped 3.6% after quarterly sales missed estimates, reflecting sluggish restaurant demand. The company reaffirmed its full-year outlook and highlighted local restaurant sales growth.
Sysco Acquires Jetro Restaurant Depot in $29.1 Billion Strategic Expansion
Sysco has agreed to purchase Jetro Restaurant Depot for $29.1 billion, a move that significantly expands its footprint in the cash-and-carry wholesale segment serving small foodservice operators.
Toast Projects Accelerated Restaurant Growth for 2026 Amid AI Rollout
Toast anticipates adding more net new restaurant locations in 2026 than in 2025, with executives highlighting growth from enterprise clients and the new Toast IQ AI platform. Shares gained 0.9% premarket.