Professional
Added to YB: 2024-03-26
Pitch date: 2024-03-24
QSR [bullish]
Restaurant Brands International Inc.
-5.69%
current return
Author Info
No bio for this author
Company Info
Restaurant Brands International Inc. operates as a quick-service restaurant company in Canada, the United States, and internationally.
Market Cap
$20.7B
Pitch Price
$75.15
Price Target
N/A
Dividend
3.90%
EV/EBITDA
13.92
P/E
20.02
EV/Sales
4.40
Sector
Hotels, Restaurants and Leisure
Category
growth
Pershing Square's Portfolio Holding: Restaurant Brands International Inc.
QSR: Franchised model driving high-margin royalty fees from Burger King, Tim Hortons, Popeyes & Firehouse Subs. Investor day targets 3%+ SSS, 5%+ unit growth for 8%+ system sales & income growth; upside potential. BK US turnaround accelerating with Carrols acquisition. International segment a growth & profit driver despite temporary headwinds. Trades at discount to intrinsic value & peers.
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