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QSQSR

Restaurant Brands International Inc.

$QSR·$26B·Restaurants·Consumer Cyclical
$77.88-0.5%YTD+8.6%1Y+24.6%
Mentions · last 7 days
2026-08-22: 6 posts42+17%
Price updated 7h ago·X counts updated 9d ago
QSQSR
$QSRRestaurant Brands International Inc.
$77.88-0.49%42 posts+17%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $QSR, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Proven numbersAcceleratingAI verdict · as of 2026-08-25

The move is getting stronger, with heavier trading behind it.

Burger King's US same-store sales up 8.5% — QSR just overtook Wendy's as America's #2 burger chain, and Q2 beat again.

Restaurant Brands International owns Tim Hortons, Burger King, Popeyes, and Firehouse Subs — a QSR conglomerate that's been transforming Burger King through a $700M reinvestment plan. The stock is up 30% over trailing year and 9% year-to-date on the Burger King turnaround.

  • Burger King's US same-store sales soared 8.5% in Q2 — overtaking Wendy's to become the #2 US burger chain — that's a genuine operational inflection driven by the Whopper revamp and store remodels
  • Q2 2026 EPS was $1.07 versus $1.04 expected (+2.9%) — modest beat but consistent with the four-quarter positive cadence (+2.9%, +3.9%, +1.4%, +3.2%)
  • Tim Hortons Canada extended its 21-quarter same-store-sales streak; Popeyes in Brazil grew 20%+; BK China saw double-digit SSS growth — international is the durable growth story
  • Popeyes US remains the weakest at -5.2% comps — a real drag on the mix — and beef inflation still pressures margins but should ease into 2027
  • Analyst 2026 revenue estimate is $9.85B on $4.06 EPS growing to $9.96B / $4.42 EPS in 2027 — the stock at $81.57 is 20.1x forward, in line with restaurant peers
  • Return on equity is 27.1% and operating margin 25.2% — the franchise-heavy model produces high returns
  • Free cash flow yield 6% at $25.6B market cap
  • Position in 52-week range is 98% — near-peak, but supported by the operational turn
  • 3G Capital owns 22.1% of QSR (94.4M shares) via Class B exchangeable units — on August 10 they submitted an irrevocable exchange notice to reduce by 2.78M units in cash (a routine partial monetization, not a strategic exit)

The Burger King turnaround is real and multi-year; the stock at 98% of range prices in continued execution.

Agrees with X sentimentX is bullish on the BK 8.5% SSS beat, international growth, and Tim Hortons 21-quarter streak. Fair — the operational picture is genuinely strong; Popeyes US and beef inflation are the two known drags.

What to watch: The Q3 print on October 29 needs Popeyes US same-store sales turning less negative — that's the specific segment that's holding back the mix; a turn there unlocks the next leg.

On the calendar: 2026-10-29 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment5 posts analyzed · as of 2026-08-29

Restaurant Brands chatter is bullish. Burger King US SSS +8.5% beating MCD and the broader burger category by 9+ points, contributors call $120 the next stop, and 'enjoy the ride higher.' A minority notes the QSR President US&CA sold $5.17M (largest sale ever, cutting listed holdings -20%). A Trump-antitrust-response tongue-in-cheek about a possible WEN takeout is speculative. Loud voices bullish on the turnaround.

Read the AI verdict + X sentiment for $QSR

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Franchises Burger King, Tim Hortons, Popeyes, and Firehouse Subs; capital-light QSR royalty model with 30,000+ restaurants globally.

Industry overviewAI analysisGenerated by AI from underlying data

Where Restaurants sits in its cycle right now — and what that implies for $QSR.

Restaurants · Consumer Cyclical

Consumer restaurant spending is softening at the low end (fast food) as value perception erodes; premium casual is holding up better. Labor cost inflation and menu price moderation are the twin margin pressures for the category.

What this means for $QSR

Partial — software subscription economics provide some insulation from macro cycles; AI integration is the growth catalyst for this segment; Restaurant Brands International Inc.

Industry benchmark

21-name peer basket
+22.0%YTD
+7.5%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
26.4How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
8.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
25.2%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
6.0%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.6Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
27.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
44.8%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
4.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 6, 2026$1.07$1.04+2.9%
Q1 2026May 6, 2026$0.86$0.83+3.9%
Q4 2025Feb 12, 2026$0.96$0.95+1.4%
Q3 2025Oct 30, 2025$1.03$1.00+3.2%
Next earningsThu, Oct 29·consensus EPS $1.08

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$2.3B+7.3%49.6%27.0%$0.97$169.0M
Q4 FY25$2.5B+7.4%47.5%26.2%$0.34$440.9M
Q3 FY25$2.4B+6.9%48.4%27.5%$1.33$484.9M
Q2 FY25$2.4B+15.9%33.8%20.0%$0.80$419.5M

Forward consensus

5-year forecast · up to 19 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$9.9B$9.7B – $10.0B$4.06$3.92 – $4.2519
FY27$10.0B$9.5B – $10.7B$4.42$4.24 – $4.7119
FY28$10.0B$10.0B – $10.0B$4.84$4.73 – $5.0212
FY29$10.4B$10.0B – $10.9B$5.58$5.31 – $5.9111
FY30$10.0B$9.7B – $10.5B$5.89$5.61 – $6.256

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.80%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+3.7%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+6.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 298.3M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.6% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.535-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 21Curtis Thomas BenjaminPres., BK US & CA64.0K sh$5.2M
+ 18 other (16 awards · 1 conversion · 1 other) in window

See when $QSR insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

SC 13D/AActivist amendmentAug 12SC 13D/A
AI summary

3G Capital Partners (acting through 3G Restaurant Brands Holdings GP Ltd.) filed an amended Schedule 13D/A on August 13, 2026 (event date August 10, Amendment No. 25), disclosing shared voting and dispositive power over 94,373,170 shares of Restaurant Brands International (QSR), representing a major controlling stake. 3G Capital is the private equity firm and controlling shareholder that created Restaurant Brands International through the merger of Burger King, Tim Hortons, and Popeyes. Amendment No. 25 indicates a long history of position updates; this filing likely reflects a routine periodic update or a minor position adjustment.

SC 13D/AActivist amendmentAug 10SC 13D/A
AI summary

3G Capital Partners Ltd. filed an SC 13D/A disclosing that 3G Restaurant Brands Holdings LP beneficially owns 99,157,902 shares of Restaurant Brands International (QSR) common stock via an equal number of Class B exchangeable LP units of RBI LP, representing 22.1% of QSR's common shares outstanding. The percentage is calculated based on 348,758,065 total common shares outstanding as of July 31, 2026 (per QSR's Q2 10-Q). The filing updates 3G's position following ongoing unit exchanges as part of QSR's standard unit-for-cash or unit-for-shares exchange program.

8-KPress release / Reg FDAug 108-K — Item 7.01: Press release / Reg FD
AI summary

Restaurant Brands International (QSR) disclosed that its subsidiary RBI Limited Partnership received an irrevocable exchange notice from 3G Restaurant Brands Holdings LP (3G Capital) to exchange 2,784,549 Class B exchangeable LP units of RBI LP. The partnership intends to satisfy the exchange notice in cash (repurchasing the units for cash) using available cash on hand, rather than issuing common shares. Because the notice is irrevocable, the transaction will proceed. The concurrent SC 13D/A (job 54) reflects 3G's updated ownership position following this reduction.

3New insider — initial holdingsJun 83
AI summary

Marcia Marie Smith filed a Form 3 initial beneficial ownership statement as a newly appointed Director of Restaurant Brands International Inc. (QSR), with an event date of June 3, 2026. The filing reports no securities beneficially owned. This is a routine administrative director-entry filing with no market impact.

8-KShareholder voteJun 38-K — Item 5.07: Shareholder vote
AI summary

QSR (QSR) disclosed the results of its annual meeting of shareholders in an 8-K filing under Item 5.07. Shareholders voted on an advisory say-on-pay resolution, ratification of the independent auditor. All management-sponsored proposals were approved by majority shareholder vote. Annual meeting results are a routine disclosure that confirms shareholder ratification of the board's composition and compensation practices.

SC 13D/AActivist amendmentMay 8SC 13D/A
AI summary

Restaurant Brands International Inc. (QSR) received an amended Schedule 13D/A (Amendment No. 5) from Pershing Square Capital Management, the activist hedge fund led by Bill Ackman, updating its beneficial ownership position. The amendment reflects changes in share count, economic exposure, or stated investment plans regarding the Burger King and Tim Hortons parent. Pershing Square has historically been an engaged shareholder in QSR. The filing discloses current holdings and any updated purpose or intentions.

SC 13D/AActivist amendmentApr 29SC 13D/A
AI summary

Restaurant Brands International Inc. (QSR) received an amended Schedule 13D/A (Amendment No. 4) from Pershing Square Capital Management updating Bill Ackman's firm's beneficial ownership position in the quick-service restaurant franchisor. This earlier amendment predates Amendment No. 5 (job 12) and reflects a prior update to Pershing Square's position or stated intentions. The filing discloses share counts, economic exposure via derivatives, and investment rationale as of the amendment date.

+ 9 other (3 proxys · 2 10-Qs · 2 earnings 8-Ks · 1 13G) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Happy Belly Food Group's Heal Wellness QSR Secures Real-Estate Location for Multi-Unit Franchisee in Belleville, Ontarionewsfilecorp.com·21h agoHappy Belly Food Group's Heal Wellness QSR Announces the Grand Opening of their First Location on Vancouver Island, British Columbianewsfilecorp.com·4d agoBurger King unveils major change to fan-favorite menu item after striking gold with revamped Whoppernypost.com·6d agoHappy Belly Food Group Reports Record Results of $28.4M in Q2 System Wide QSR Sales with Year Over Year Growth of 75%newsfilecorp.com·6d agoHaidilao shares jump as delivery growth and new restaurant brands boost outlookcnbc.com·6d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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