QSR expands internationally

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL, $77.52, is a buy. The company (New York symbol QSR; TSI Rating: Average) (www.rbi.com; Shares outstanding: 478.0 million; Market cap: $35.1 billion; Dividend yield: 2.8%) recently launched its international expansion program for Firehouse Subs. To start, in late June, Firehouse Subs opened its first restaurant in Switzerland. The company will use that Firehouse Subs restaurant as a showcase for its future international developments. Second, Restaurant Brands has announced the signing of a development agreement to launch in Mexico later this year. Restaurant Brands is still a buy. buy. …