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Stock impact report

Church's Texas Chicken to open 900 more international units [Yahoo! Finance]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Company Research Source: Yahoo! Finance
Church's Texas Chicken and Texas Chicken will expand its global footprint by 900 units in the near future, the chain said. The company has over 1,400 units in 22 countries , and recently signed multiple development agreements that will bring Texas Chicken to Europe, including an agreement in Germany, and is planning additional units in the United Kingdom, France, Italy and Spain. Europe is a key part of the chain's growth strategy, as growing consumer demand for more convenient options means the market has significant growth potential, CEO Roland Gonzalez said in a statement. The development pipeline for its international brand Texas Chicken will grow the chain's international presence by more than 50% in the next four years and boost system sales from $1.5 billion to $2 billion by 2028, the company said. In addition to entering Germany, Church's latest agreements will bring the QSR to Hungary, Georgia, Azerbaijan and Morocco. The chain opened 60 units in 14 markets worldwide Show less Read more
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