Restaurant Brands International

Pret appoints former Restaurant Brands CEO as chairman

Pret A Manger has announced the appointment of José Cil, former CEO of Restaurant Brands International, which owns brands such as Burger King, Tim Hortons and Popeyes, as its new chairman. Cil helped grow that business to more than $40bn (£29.88bn) in system-wide sales and 30,000 restaurants in more than…

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Restaurant Brands International Q2 revenues hit $2bn

Restaurant Brands International (RBI) has revealed that total revenues leapt by 17.2% to $2.08bn (£1.63bn) from a year prior, as group-wide sales grew 5.4% to $11.25bn (£8.82bn) in the second quarter to 30 June.  It comes as net incomes during the period rose by 13.5% to $339m (£265m), which the…

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Restaurant Brands International sales rise to $1.8bn in Q3

Restaurant Brands International (RBI), the company behind Burger King, Popeyes, Tim Hortons and Firehouse Subs, has seen revenues rise to $1.83bn (£1.47bn) in Q3, up from $1.72bn (£1.38bn).  This result was primarily driven by increases in system-wide sales in all of its segments, according to the group. For the period…

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Popeyes owner sees system-wide sales rise 14% in Q2

Restaurant Brands International Inc., which owns Popeyes and Burger King, has revealed that consolidated system-wide sales grew by 14% year-over-year during the second quarter ended 30 June.  This comes as the group surpassed the 30,000-restaurant mark globally, generating more than $40bn (£31bn) in system-wide sales over the last year.  During…

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Restaurant Brands International sees Q1 earnings hit $588m

Restaurant Brands International which runs Burger King, Popeyes, Tim Hortons and Firehouse Subs, has revealed its earnings hit $588m (£469m) for the quarter ending in March 2023 as its global sales increased 10%. The company said the performance, which beat analysts expectations, was driven by increases in its segments as…

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Domino’s appoints Elias Diaz Sese as interim CEO

Domino’s Pizza Group has announced that Elias Diaz Sese, currently a non-executive director of Domino’s, will become chief executive officer (CEO) on an interim basis, effective 10 October 2022. Sese will work closely with outgoing CEO, Dominic Paul, to facilitate a “smooth” transition. Based in the UK, he brings over…

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Papa John’s US Franchisee refuses to close 190 Russian sites

While Papa John’s International has confirmed it has suspended all corporate operations in Russia, a US franchise operator in Russia has refused to close its 190 stores. According to the New York Times, Christopher Wynne, the owner of PJ Western, the company that controls the sites primarily owned by Russian…

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Burger King’s Russian operator refuses to shut operations

The owner of Burger King, Restaurant Brands International, has issued a statement clarifying why Burger King operations are unable to be suspended in Russia, as its operator in the country refuses to shut the group’s restaurants. The group confirmed it had contacted the main operator of the business and “demanded”…

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Popeyes to launch in the UK

US fried chicken chain Popeyes has announced plans to expand into the UK by the end of 2021.  Popeyes, which was founded in New Orleans in 1972, currently has 3,400 restaurants across 29 countries. In 2019, the group launched sites in Spain and then later Switzerland in 2020.  As part…

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Tim Hortons UK expansion will create 2000 new jobs

Tim Hortons reportedly has plans to expand across the UK and Ireland in a bid to “capitalise” on the growing trend of drive-through dining.  According to the BBC, the Canadian coffee chain said it hopes to open an outlet in “every major city and town” over the next two years.…

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