Restaurant Brands International Inc

NYSE:QSRUnited StatesView on Canadian Exchange

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• DJ McDonald's and Domino's Serve Food for Thought on Consumer Spending -- WSJ, from 3 minutes ago by Dow Jones

  3 minutes ago by Dow Jones
  Companies Mentioned: MCD, QSR, QSR, DPZ
  
  By Spencer Jakab
  
  Investors are getting some hard truths from fast food this week.
  
  Whether quick-serve chains beat or lagged expectations, it is clear that their core lower-income customer isnt nearly as flush as he or she was a year ago amid rising prices for essentials. Anecdotal evidence indicates some are shifting spending to food at home. Getting them to keep opening up their wallets for empty calories requires not just attractive prices but savvy promotional activity.
  

• KFC Malaysia Temporarily Closes Outlets, from 16 minutes ago by MT Newswires

  16 minutes ago by MT Newswires
  Companies Mentioned: YUM, QSR
  11:31 AM EDT, 04/30/2024 (MT Newswires) -- KFC Malaysia has closed some outlets temporarily because of "challenging economic conditions," QSR Brands, which operates KFC franchises in the country, said Monday. "QSR Brands and KFC Malaysia have taken ...

• DJ Restaurant Brands International's New Tim Hortons Pizza To Slow Down Service Short-Term -- Market Talk, from 47 minutes ago by Dow Jones

  47 minutes ago by Dow Jones
  Companies Mentioned: QSR, QSR
  
  1101 ET - Restaurant Brands International's new flatbread pizza offering at Tim Hortons will slow down service, but only until the business gets accustomed to the new product. In an earnings call, executives say the company has been improving service speed but that they expect a bit of a slowdown in the next few weeks after the introduction of the new pizza at its restaurants. This is expected to be a near-term headwind "until muscle memory kicks in," and then return to normal. (adriano.marchese@wsj.com)
  

• DJ Restaurant Brand's Burger King Remodels Should Help Sales -- Market Talk, from 51 minutes ago by Dow Jones

  51 minutes ago by Dow Jones
  Companies Mentioned: QSR, QSR
  
  1057 ET - Restaurant Brand International's remodelling plans for Burger King is meant to support franchisees and uplift a dated brand where only 50% of restaurants have been updated. In an earnings call, RBI's executives said the new $300 million investment aims to remodel between 85%-90% of restaurants in the U.S. Executives expect this to improve the experience at individual restaurants and the image of the overall brand. "This shows commitment to all our franchisees," the executives said, and noted that these are larger scope remodels, compared to what the company has done in the past ten years, "which is expected to have a big impact on consumer and on sales." (adriano.marchese@wsj.com)
  

• Restaurant Brands International's Burger King to Invest Additional $300 Million to Remodel US Restaurants, from 58 minutes ago by MT Newswires

  58 minutes ago by MT Newswires
  Companies Mentioned: QSR
  10:50 AM EDT, 04/30/2024 (MT Newswires) -- Restaurant Brands International's (QSR) Burger King said Tuesday it will invest an additional $300 million to remodel 1,100 of its US restaurants through 2028. Franchisees will have until Oct. 31 to opt in ...