Topic: How To Invest

Stock Pickers Digest Hotline – Friday, January 25, 2019

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC., $63.09, symbol QSR on New York, is the world’s third-largest fast-food operator after McDonald’s (No. 1) and Yum Brands (No. 2). It has 17,796 Burger King, 4,846 Tim Hortons (coffee and donuts) and 3,102 Popeyes Louisiana Kitchen (fried chicken) outlets in over 100 countries. The stock jumped 9% this week after the company reported preliminary sales estimates that topped the consensus estimates. In the quarter ended December 31, 2018, same-store sales rose 1.9% at Tim Hortons, 1.7% at Burger King, and 0.1% at Popeyes. As well, Restaurant Brands is increasing its quarterly dividend by 11.1%. Starting with the April 2019 payment, investors will receive $0.50 a share instead of $0.45. The new annual rate of $2.00 yields 3.2%. OUR RECOMMENDATION: Restaurant Brands International is still a hold. Restaurant Brands recent coverage February 2019 issue Hotline for January 11, 2019 SHOPIFY INC., $215.46, symbol SHOP on Toronto, offers merchants of all sizes Internet-based software to design, set up and manage stores across…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.