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RESTAURANT BRANDS INTERNATIONAL INC.

(QSR)
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Restaurant Brands International : ' Popeyes Plans Expansion in Asia

03/24/2021 | 08:31am EDT

By Matt Grossman

Restaurant Brands International Inc. plans to expand its Popeyes fast-food chain in Asia with hundreds of new restaurants in India, Bangladesh, Nepal and Bhutan, the company said Wednesday.

Restaurant Brands will partner with Jubilant Foodworks Ltd. in the expansion. Jubilant, based in India, holds the master franchise rights for Domino's Pizza and Dunkin' Donuts in India, and also operates three of its own brands.

The planned Asian expansion adds to broadening international ambitions for Popeyes, which also include plans to grow in the U.K. and in Mexico.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

03-24-21 0931ET

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Financials (USD)
Sales 2021 5 657 M - -
Net income 2021 1 202 M - -
Net Debt 2021 11 397 M - -
P/E ratio 2021 26,2x
Yield 2021 3,10%
Capitalization 20 991 M 20 991 M -
EV / Sales 2021 5,73x
EV / Sales 2022 5,32x
Nbr of Employees 5 200
Free-Float 98,5%
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Restaurant Brands International Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends RESTAURANT BRANDS INTERNATIONAL INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 74,56 $
Last Close Price 68,38 $
Spread / Highest target 21,4%
Spread / Average Target 9,04%
Spread / Lowest Target -3,48%
EPS Revisions
Managers and Directors
NameTitle
JosÚ Eduardo Cil Chief Executive Officer
Matthew Dunnigan Chief Financial Officer
Alexandre Behring da Costa Co-Chairman
Daniel S. Schwartz Co-Chairman
Joshua Arthur Kobza Chief Operating Officer
Sector and Competitors
1st jan.Capitalization (M$)
RESTAURANT BRANDS INTERNATIONAL INC.11.90%20 991
MCDONALD'S CORPORATION10.15%176 358
CHIPOTLE MEXICAN GRILL, INC.-1.16%38 584
YUM! BRANDS, INC.9.22%35 346
YUM CHINA HOLDINGS, INC.19.20%28 626
DOMINO'S PIZZA, INC.16.25%17 308