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Stock impact report

Restaurant Brands Stock Ready To Rebound? [Forbes]

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: Forbes
Getty Images After a 10% decline since the beginning of this year, at the current price of around $68 per share, we believe Restaurant Brands International Inc. stock (NYSE: QSR), one of the largest fast-food restaurant chains in the world, including Burger King, Tim Hortons, Popeyes, and, since late 2021, also Firehouse Subs - could see modest gains in the near term. QSR stock has declined from around $78 to $68 year-t0-date, underperforming the broader indices, with the S&P growing about 20% over the same period. In comparison, QSR's peer Starbucks' (NASDAQ: SBUX) stock increased 3% year-to-date to $97. QSR's stock decline can be attributed to investors' concern about rising costs and their effects on the company's bottom line. The company's stock has been modestly lower since its Q3 report - as increased sales and profits in Q3 did not improve as much as the market anticipated. QSR's Q3 revenues grew 25% y-o-y to $2.3 billion, driven by an increase in system-wide sales primari Show less Read more
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