Why Have We Revised Our Price Estimate Of Restaurant Brands International?
Restaurant Brands International’s (RBI) recent earnings were impressive to say the least, given the environment of economic uncertainty, and the struggling restaurant industry weighed down by the fast casual segment. The growth in the top line at RBI primarily came from Tim Hortons (+7% y-o-y), although Burger King (+1% y-o-y) also saw its revenues increase. This is noteworthy, given the sustained drop in revenue at both McDonald’s and Dunkin’ Donuts. The expansion plans of TH in Canada and internationally, and a Burger King master franchise joint venture in Brazil will likely help increase the store count at a much faster rate than now. Further, product innovation in the form of shawarma and falafel wraps and Bacon King could also propel the company’s average revenue per store higher. As a result, we are fairly optimistic about the company and have revised our price estimate of RBI upwards.
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- After A 9% Top-Line Growth In Q2 Will Restaurant Brands Stock Deliver Another Strong Quarter?
- What To Expect From Restaurant Brands’ Stock Past Q2 Results?
- Restaurant Brands Stock to Likely See Little Movement Post Q1
- What’s Next For Restaurant Brands Stock?
Have more questions on Restaurant Brands International (NYSE: QSR)? See the links below:
- Can Tim Hortons Challenge Starbucks’ And Dunkin’ Brands’ Duopoly In The U.S.?
- Why Have We Revised Our Price Estimate Of Restaurant Brand International Upwards To $42 Per Share?
- Restaurant Brands International Stays Confident Amid Tepid Q2’16 Sales And Fears Of Restaurant Industry Slump
- Restaurant Brands International Q2 FY’16 Earnings Preview: Emphasis On Expansion To Be The Growth Strategy
- Franchised Restaurants To Contribute More Revenues Than That Of Company-Operated Restaurants For Restaurant Brands International By The Next 3 Years
- How Has Restaurant Brands International’s Revenue And EBITDA Composition Changed Over 2011-2015?
- By What Percentage Have Restaurant Brands International’s Revenues And EBITDA Grown Over The Last Five Years?
- Where Will Restaurant Brands International’s Revenue And EBITDA Growth Come From Over The Next Three Years?
- Restaurant Brands International Q1 FY’16 Earnings Preview: Breakfast Market To Drive Comp Sales
- What Is Restaurant Brands International’s Revenue & EBITDA Breakdown? (Updated After Q1 2016)
- What’s Restaurant Brands International’s Fundamental Value Based On Expected 2016 Results?
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