Topic: How To Invest

Power Growth Investor Hotline – Thursday, April 6, 2023

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $66.01, is a buy. The stock (symbol QSR on New York) gives you exposure to the world’s third-largest fast-food operator. That’s after McDonald’s (No. 1) and Yum Brands (No. 2). The company has 30,722 outlets in over 100 countries: 19,789 Burger King, 5,600 Tim Hortons (coffee and donuts), 4,091 Popeyes Louisiana Kitchen (fried chicken) and 1,242 Firehouse Subs. TH International Limited (“Tims China”) will now become the exclusive operator and developer of the world-famous Popeyes® brand in mainland China. Tims China (symbol THCH on Nasdaq) owns the exclusive master franchise for Tim Hortons coffee shops in China, Hong Kong and Macau. To gain the rights, Tims China acquired PLKC International Limited (“Popeyes China”), which holds the exclusive rights to develop and sub-franchise the Popeyes brand in mainland China and Macau. Popeyes China brings $30 million in cash, which will further strengthen Tims China’s balance sheet, and Tims China will earmark an additional $60 million to develop its Popeyes China…