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Restaurant Brands International Inc Value Stock - Dividend - Research Selection

Restaurant brands international

ISIN: CA76131D1033 , WKN: A12GMA

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Description of the company

Restaurant Brands International Inc. owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items. As of December 31, 2017, the company owned or franchised a total of 4,748 TH restaurants, 16,767 BK restaurants, and 2,892 PLK restaurants in approximately 100 countries and U.S. territories worldwide. Restaurant Brands International Inc. was founded in 1954 and is headquartered in Oakville, Canada.

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Popeyes is making its second most fan-favorite item permanent

While most talk about Popeyes since 2019 has been around the fried chicken sandwich, the Restaurant Brands International -owned chain has another viral item that caused crowds and excitement every time it was brought back as an LTO. Popeyes' Ghost Pepper Wings first launched in 2014 and, while formerly only appearing occasionally for a few weeks at a time as a temporary promotion, had a lengthy stay on the menu this year alongside the chain's new Sweet N'Spicy wings. In advance of Thanksgiving, Popeyes announced that it would be making chicken wings a permanent menu item along with expanding the types of wings sold to five.

Chicken wings are on Popeyes menu for good

Popeyes wants to recapture its chicken sandwich glory days with a new line of wings.

Popeyes Bets on Wings After Viral Success of Chicken Sandwich

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Popeyes adds wings lineup to core menu

The menu expansion follows the chain's successful Ghost Pepper Wings LTO, which contributed to a 5.6% increase in same-store sales during Q3.

Restaurant Brands International Inc. stock falls Monday, underperforms market

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