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Search resuls for: "Tim Hortons"


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☆ What Cramer is watching Friday — Starbucks soars on China hope, jobs growth still strong
  + stars: | 2022-11-04 | by ( Jim Cramer | ) www.cnbc.com   time to read: +5 min
Club holding Coterra Energy (CTRA): In Q3, nearly 500% year-on-year revenue growth to $2.52 billion. Cowen downgrades, sees acute pressure from worsening macro; management pulled 30% growth target. Warner Bros Discovery (WBD): $2.5 billion in cash, $50 billion in gross debt. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
☆ Restaurant Brands' earnings top estimates as sales rise at Burger King, Tim Hortons
  + stars: | 2022-11-03 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +2 min
Restaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by sales growth at Burger King and Tim Hortons. Burger King reported same-store sales growth of 10.3%, driven by strong international growth. The latest addition to Restaurant Brands' portfolio, Firehouse Subs, reported flat same-store sales. Restaurant Brands' results come after Yum Brands on Wednesday also reported stronger same-store sales at its Taco Bell and KFC chains. Like other multinational companies, Restaurant Brands' results were hurt by the strong dollar.
☆ The chicken sandwich isn’t enough for Popeyes anymore
  + stars: | 2022-11-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +2 min
New York CNN Business —When Popeyes launched its crispy chicken sandwich in 2019, the menu item sold out in just two weeks. When it came back, it was a massive hit — the sandwich was so popular it helped lift sales for the chicken chain. Popeyes has sold nuggets and fish sandwiches modeled on the item to try to build off its success. But excitement around the chicken sandwich has faded. There are about 2,860 Popeyes locations in the US, and nearly 3,930 globally.
☆ Stocks making the biggest moves premarket: Restaurant Brands, Under Armour, Peloton and more
  + stars: | 2022-11-03 | by ( Peter Schacknow | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines before the bell:Restaurant Brands (QSR) – The parent of Burger King, Tim Hortons and Popeyes saw its stock rally 4% in premarket trading after the company reported better-than-expected quarterly results. Under Armour (UAA) – Under Armour jumped 4.2% in premarket action after the apparel maker reported better-than-expected earnings for its latest quarter, along with revenue that was roughly in line with Street forecasts. The chip maker also reported quarterly revenue and profit that were in line with Wall Street forecasts. The forecast is weighing on shares despite Roku reporting better-than-expected revenue and a larger-than-expected number of active accounts. eBay (EBAY) – eBay surged 6.7% in premarket trading after the e-commerce company reported better-than-expected results for its latest quarter, boosted by sales of refurbished goods and luxury offerings.
☆ Fanatics Hires Finance Chief for Its Sports-Betting Division Ahead of Planned Launch
  + stars: | 2022-10-18 | by ( Kristin Broughton | ) www.wsj.com   time to read: +3 min
Sports-merchandising company Fanatics Inc. has picked a finance chief for its sports-betting and gambling division ahead of its planned launch early next year. Ms. Ellis will report to Matt King, the division’s chief executive. Mr. King joined Fanatics last year from rival FanDuel Group, where he was CEO. Photo: FanaticsAs CFO of the sports-betting unit, Ms. Ellis will be responsible for helping the business get off the ground. Fanatics declined to share financial forecasts for its sports-betting division, which doesn’t currently generate revenue.
☆ Popeyes' UK restaurants are proving so popular that customers at one location lined up from 5:00 a.m. to get their hands on fried chicken
  + stars: | 2022-09-29 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
UK sales are booming and its Stratford site has the chain's highest sales globally. A map showing Popeyes' current and upcoming UK restaurants. The company aims to have 350 UK restaurants by 2031. Popeyes was credited with starting the chicken sandwich wars in 2019, when its sandwich became an instant success following huge social-media buzz. RBI bought sandwich chain Firehouse Subs in 2021.
☆ How the HR chief at Restaurant Brands International holds all of its executives accountable for diversity and inclusion
  + stars: | 2021-06-10 | by ( Shana Lebowitz | ) www.businessinsider.com   time to read: +4 min
About 100 restaurants belong to RBI (most restaurants within RBI brands are owned by franchisees). Housman, RBI's chief people and services officer, joined RBI from Burger King Corporation in 2016 and has climbed the ranks since. The report looked at 60 brands, including Popeyes Louisiana Kitchen, but didn't include Restaurant Brands International. RBI makes DEI every executive's responsibilityOne of the first DEI initiatives Housman's team spearheaded was a change to the interview process. Thirty percent of senior leaders were women — an improvement from the year prior — and about 43% of senior leaders were non-white.
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