|Bid||56.01 x 800|
|Ask||56.04 x 800|
|Day's Range||55.76 - 56.59|
|52 Week Range||25.08 - 79.46|
|Beta (5Y Monthly)||1.39|
|PE Ratio (TTM)||24.25|
|Forward Dividend & Yield||2.08 (3.68%)|
|Ex-Dividend Date||Jun. 16, 2020|
|1y Target Est||70.50|
Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) are two Warren Buffett stocks Canadians should buy now.The post Could Warren Buffett Buy More of These 2 Battered Canadian Stocks? appeared first on The Motley Fool Canada.
Yahoo Finance catches up with Dunkin' Brands CEO David Hoffmann moments after his earnings call with analysts.
Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and another undervalued stock could rocket higher in 2021 if a COVID-19 vaccine lands.The post COVID-19: 2 Stocks That Could Skyrocket on a Vaccine appeared first on The Motley Fool Canada.
Restaurant Brands International (TSX:QSR)(NYSE:QSR) is a Canadian stock that can generate considerable wealth for long-term investors and help accelerate retirement plans. The post The Number 1 Retirement Mistake Canadians Are Making Today appeared first on The Motley Fool Canada.
Restaurant Brands International (TSX:QSR)(NYSE:QSR) stock is trading range-bound in the last few months. Will its Q2 earnings breach this range?The post Will Restaurant Brands Stock Soar After its Q2 Earnings? appeared first on The Motley Fool Canada.
Restaurant Brands International (NYSE: QSR), owner of popular fast-food brands Burger King, Popeyes, and Tim Hortons, is recovering following a contraction due to COVID-19-related shutdowns. Burger King's comparable sales trends have improved dramatically, thanks to good drive-thru performance. Sales recover at Burger King restaurants in the U.S.
The Restaurant Brands International stock is one of two Canadian stocks Buffett owns, and you might want to consider adding it to your portfolio.The post Warren Buffett Owns This 1 TSX Stock: Should You? appeared first on The Motley Fool Canada.
Restaurant Brands International (NYSE: QSR) is among the more ambitious fast-food companies out there. Formed by the merger of Burger King and Tim Hortons in 2014, the deal was engineered by Brazilian investment firm 3G Capital and Warren Buffett's Berkshire Hathaway. In 2017, the company acquired Popeyes Louisiana Kitchen, giving it a triumvirate of brands to rival Yum!
(Bloomberg) -- Billionaire investor Bill Ackman is officially on the lookout for a mega-merger after his new blank-check company raised $4 billion in an initial public offering and rose in its trading debut.“We’re in a unicorn mating dance and we want to marry a very attractive unicorn on the other side that meets our characteristics,” he said in a Bloomberg TV interview Wednesday. “And we’ve designed ourselves to be a very attractive partner.”Ackman said there are 150 private companies valued at more than $10 billion in value and that the top third meet his quality thresholds.“We’re looking for a simple, predictable free cash flow-generative company, very high barriers to entry with minimal exposure to what we call risks, extrinsic risks we can’t control,” Ackman said. “We’re looking for the super durable great growth business that we can own for the next decade.”Pershing Square Tontine Holdings Ltd., the largest-ever special purpose acquisition company, or SPAC, is now officially on the hunt for what it has called a “mature unicorn” as a merger candidate. Units of the blank-check company, which sold in the IPO for $20 each Tuesday, closed their first day of trading up 6.5% to $21.30.The units include one share and a warrant for one-ninth of a share, plus a warrant that comes with special restrictions that Ackman says will encourage investors to hold on to the stock.Unicorns are typically defined as private companies valued at $1 billion or more, though Pershing Square Tontine Holdings has said it could look at businesses worth $10 billion or more.Airbnb, Elon MuskAckman said he isn’t looking for energy companies that are bankrupt but “will certainly look at” businesses that will survive the coronavirus pandemic and become a strong player like Airbnb Inc., which has been in talks to go public.“We don’t require the company today to be cash-flow positive on an overall basis,” he said.Secretive Silicon Valley firm Palantir Technologies Inc., which said it has filed confidentially for a public listing, and Elon Musk’s space travel company SpaceX are also on Ackman’s radar.“We have a lot of admiration for Elon Musk and what he has accomplished,” Ackman said.Funds associated with Ackman’s investment firm, Pershing Square Capital Management, are expected to deploy at least $1 billion and as much as $3 billion more to the vehicle, possibly bringing the total funding to $7 billion, according to filings with the U.S. Securities and Exchange Commission.SPAC No. 2Pershing Tontine isn’t Ackman’s first blank-check company. Justice Holdings Ltd., which raised $1.44 billion in a 2011 listing in London, merged with Burger King Worldwide Inc. in 2012 and, in a deal with 3G Capital Inc. Burger King later merged with Tim Hortons Inc., creating Restaurant Brands International Inc.SPAC listings have reached an all-time high this year, with more than $18 billion raised in the U.S. as of Wednesday, topping last year’s record of $13.6 billion for the entire year, according to data compiled by Bloomberg. This month there have been 14 filings for SPACs in the U.S., the data show. Just since Friday, that’s included one each backed by Bow Capital Management’s Vivek Ranadive, Ron Burkle of Yucaipa Cos., Gores Group founder Alec Gores and telecommunications pioneer Craig McCaw.The sheer size of Pershing’s SPAC puts it in a separate league from the wave of new blank-check companies jockeying for deals with smaller targets, Ackman said. With $5 billion, it’s the only such pool looking to invest in a minority common-stock interest, he said.Ackman said his pitch to target companies will emphasize the relative ease of going public through a merger with Pershing’s SPAC, compared to the risk and headaches of an IPO, direct listing or sale to a private equity firm. Completing a deal could take only two weeks, he said.He isn’t going to do all the chasing, though. He expects some potential targets to come knocking on his door.“If you’re an investment banker today, you’re going to call your favorite $10 billion company and say, ‘Isn’t this an interesting way to go public,’” Ackman said. “We welcome the inbound call.”(Updates with structure of offering in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Fast-food stocks continue to offer growth and income-earning potential, even in a pandemic. Here's one option that should be core to any portfolio. The post This Fast Food Stock Is Primed for Growth appeared first on The Motley Fool Canada.
Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) is a bruised dividend stock that I'll be looking to buy for my TFSA on weakness.The post Got $1,000 to Invest? This Badly Bruised Dividend Stock Has Your TFSA's Name on it! appeared first on The Motley Fool Canada.
Restaurant Brands International (TSX:QSR)(NYSE:QSR) could see steady growth for years to come. Here’s why a trend going mainstream is a moneymaker.The post Buy These Food Stocks for Growth Plus Safety appeared first on The Motley Fool Canada.
Fast food isn't exactly a growth industry in the U.S. On the contrary, while international expansion continues to move the needle, restaurants have been in a slugfest here in the states as a myriad of new fast-casual upstarts have popped up in the last decade. Against this backdrop, shares of the world's largest restaurant chain McDonald's (NYSE: MCD) are up over 90% over the last trailing-five-year stretch, and fellow burger slinger Restaurant Brands International (NYSE: QSR) (parent of Burger King, Tim Hortons, and Popeyes) shares are up a more modest 40%-plus over the same time period. McDonald's is a massive enterprise with nearly 40,000 stores worldwide.
(Bloomberg) -- Burger King will begin selling Whoppers sourced from cows that belch out less methane as the fast-food industry grapples with a questionable sustainability record.The chain, owned by Restaurant Brands International Inc., debuted a sandwich Tuesday made from cattle raised on a diet supplemented with lemongrass during the final months of their lives, the company said. That’s expected to cut greenhouse gas emissions from those animals by about a third while on the diet.The new menu offering comes as a growing number of major food brands reckon with their large role in contributing to global emissions. Meat producers and retailers have been under growing pressure from investors and consumers to cut the climate impact of their products.“To make a real impact in the world, we need the whole industry to change,” Fernando Machado, Burger King’s global chief marketing officer, said in an interview. “Just offering at Burger King is kind of like a drop in the ocean.”Agriculture-related industries are second only to energy in terms of greenhouse gas emissions, and raising animals accounts for about 14.5% of the global total. Cows emit methane that’s about 30 times more powerful than carbon dioxide at warming the planet.The logistics of selling low-methane beef at scale across a fast-food empire are daunting. Meat suppliers and retailers will need to be ready to pay up more for that sort of beef. Any feed supplements or modified diets are likely to carry extra costs for cattle farmers who are already grappling with squeezed incomes, a problem compounded by the coronavirus pandemic.Selected StoresMachado didn’t say how much the lower-methane beef would cost Burger King, which doesn’t plan to charge more for the limited-time product. The burger will be on menus at selected stores in Miami, New York, Austin, Portland and Los Angeles while stocks last, the company said. It’s also partnering with suppliers in Latin America and Europe to expand on the effort.This isn’t the first green initiative taken by the company, which sells meatless burgers under a partnership with Impossible Foods Inc. Still, the restaurant doesn’t disclose its target for cutting emissions, making the impact of this latest step difficult to gauge. Green product releases, meanwhile, can help companies dodge calls for transparency while giving them a sales and public-relations boost.While initial experiments have shown that Burger King’s modified diet cuts methane emissions by an average of 33% per day during the last three to four months of the cows’ lives, the method is still pending validation from an academic peer review after initial experiments. If sold on a mass scale, lower-emission beef may require the right certification to win consumer trust. The company said it will openly share its cow diet formula to convince others to follow suit.“Next, I hope to see Burger King and others research how to reduce methane emissions -- and emissions from manure and fertilizer -- during all phases of beef production, not just the last 3-4 months,” Dan Blaustein-Rejto, director of food and agriculture at environmental research organization the Breakthrough Institute, said on Twitter.Meat-sourcing companies are far behind on globally accepted corporate sustainability initiatives. Most of these companies have not yet disclosed the emissions the company and its products produce, according to FAIRR, an initiative set up by environmentally minded investors. Disclosures are key to assessing whether any of the company’s green initiatives lead to promised emissions cuts or not.Hard to ScaleResearchers and companies have explored a range of feed supplements, vaccines and diets that would help cut methane emitted by ruminants’ stomachs. But so far it has been tricky because microbes responsible for creating methane have shown resistance to some methods, while other solutions may be hard to scale up.One U.K.-based startup is even working on methane-eating masks for cows.Even if successful, modifying diets only partly cuts emissions, raising the need for other methods. Some companies have pushed into a type of farming known as regenerative agriculture that aims to cull carbon’s release into the air through biodiversity and soil health. General Mills Inc. aims to convert 1 million acres of land into regenerative farming by 2030.(Updates with expert comment in 10th paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Canadians should pursue TSX stocks with long-term promise like Restaurant Brands International Inc. (TSX:QSR)(NYSE:QSR) and Maple Leaf Foods Inc. (TSX:MFI).The post Canadians: 2 Super Stocks That Can Make You a Millionaire appeared first on The Motley Fool Canada.
Alimentation Couche-Tard Inc. (TSX:ATD.B) and another TSX 60 stock could surge in a correction to the upside in 2020.The post 2 Top TSX 60 Stocks That Are Stupidly Cheap Right Now appeared first on The Motley Fool Canada.
Committed to the simple principle of doing what’s right, as one of the world’s largest and fastest growing quick service restaurants, Burger King® will work to help address a core industry challenge: the environmental impact of beef.
Bank of Montreal (TSX:BMO)(NYSE:BMO) and two TSX dividend stocks are at the top of my market crash shopping list this year.The post Market Crash: 3 Stocks I'll Be Buying on the Next Dip appeared first on The Motley Fool Canada.
Warren Buffett received a lot of criticism the last few months as many stocks saw huge gains and his investments shrink and remain the same. But is Buffett really wrong?The post Critics to Warren Buffet: Your Top Advice Is Bogus appeared first on The Motley Fool Canada.
These five TSX dividend stocks from different sectors offer safe dividends and handsome total return potential. Do you own any of these? The post 5 Top TSX Dividend Stocks I’d Buy Ahead of a Market Crash appeared first on The Motley Fool Canada.
Restaurant Brands (QSR) is likely to benefit from various sales-building initiatives. However, coronavirus pandemic continues to hurt comps.