Q: Hi, Pat. A news article I read stated that Warren Buffett recently sold his entire stake in Restaurant Brands International. Does the sale change your outlook for this stock going forward? Thank you.

A: Warren Buffett’s Berkshire Hathaway Inc., $217.80, symbol BRK.B on New York, recently bought 20.9 million shares of Barrick Gold, $38.65, symbol ABX on Toronto (and a recommendation of Power Growth Investor) for $563.5 million U.S. Berkshire Hathaway is now the miner’s 11th-largest shareholder.

At the… Read More

Earnings are up 10.3% at Restaurant Brands International Inc.

Earnings are up 10.3% at Restaurant Brands International Inc.

Improved same-store sales led to a 6.8% revenue jump for this company during the most-recent quarter.

A continuing push to develop new menus and increase revenue should further enhance the firm’s international growth prospects.

The stock trades at 17.7 times the company’s 2020 earnings forecast.


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