Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) ("RBI") announced today that it has filed, and the Toronto Stock Exchange (the "TSX") has accepted, notice of RBI's intention to renew its normal course issuer bid (the "NCIB") for its common shares (the "Common Shares"). The NCIB is being conducted in furtherance of RBI's board-approved share repurchase authorization that allows RBI to purchase up to US$1.0 billion of its Common Shares until August 10, 2023 (the "Repurchase Authorizati
Yahoo Finance's Brian Sozzi discusses potential tailwinds coming to the restaurant industry, including falling gas prices and the latest inflation data.
Restaurant Brands (QSR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.