Popeyes Louisiana Kitchen could start cooking with Burger King and Tim Hortons soon if a reported deal by its parent, Restaurant Brands International , goes through. Reuters reported the impending deal on Monday, adding that it could be announced later this week.
Category: Tim Hortons
Tim Hortons and Burger King owner, Restaurant Brands, nears deal to buy Popeyes: report
A man walks by a Popeyes restaurant in Baltimore, Md., in this Nov. 2015 photo. Restaurant Brands is reported to be close to deal for the Popeyes chain.
Burger King Stock Is So Hot That It’s Flame-Broiled
Restaurant Brands International had a strong fourth quarter. Revenue rose 5% as expansion and positive comps at both its Burger King and Tim Hortons concepts helped push the top line higher.Adjusted earnings soared 38% to $0.44 a share.
Restaurant Brands to launch Tim Hortons in Mexico
Restaurant Brands International Inc said it would launch its coffee and doughnut chain, Tim Hortons, in Mexico as a part of its expansion plans. The company said it would form a master franchise joint venture with a group of investors, whom they did not name, to launch the brand.
Why Did Restaurant Brands International Inc. Shares Gain 30% in 2016?
Burger King took back some of its mojo in 2016 with a steady stream of well-structured deals and an array of can’t-look-away new food items. That led the chain to positive sales growth while its sister brand, Tim Hortons, matched or beat its success throughout the year.