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QSR - The Implied Growth Rate For Restaurant Brands International Is Too Conservative
Restaurant Brands International Inc.
Source: Knowyourmeme.com
A couple of days ago, I wrote an article about Carrols Restaurant (TAST) and gave an overview of Restaurant Brands International (QSR). I promised to write an article about QSR and take a deeper look into its economics.
QSR franchises quick-service restaurants under brands that we all know and love. Those brands are Burker King (“BK”), Tim Hortons (“TH”) and Popeyes (“PLK”). Here is a summary about QSR history from my TAST article:
Since 1967, BK changed ownership several times. That year, BK was sold to the Pillsbury company. After