Firehouse Subs adds Mexico

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL, $66.09, is a buy. The company (New York symbol QSR; TSINetwork Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $30.1 billion; Dividend yield: 3.8%) has now entered into an agreement to develop and grow Firehouse Subs in Mexico. It plans to open 100 restaurants in Monterrey and other major cities in the next five years. Partner Foodplay is set to open the first Firehouse Subs restaurant this year in Monterrey, Nuevo León, followed by additional openings in the metropolitan area. Restaurant Brands is still a buy. buy. …