Restaurant Brands International LP
Restaurant Brands International LP
130 King Street West, Suite 300 Toronto, Ontario
905 339-5724
Sector: Food & Beverages
Description
Restaurant Brands International Limited Partnership, which is listed on the Toronto Stock Exchange under the ticker of ‘QSP.UN’, is a subsidiary of holding company Restaurant Brands International Inc (TSX:QSR).
The company recognizes Restaurant Brands International as its singular general partner, which is in control of all its outstanding Class A common units.
According to its SEC filings, Restaurant Brands International Limited Partnership does not have any board of directors.
The restaurant company generates maximum revenue from franchise revenues consisting of loyalties, property revenue via leasing and sub-leasing properties, and sales at the restaurants.
It also defines itself as an ‘indirect parent’ of fast-food chains Tim Hortons, Popeyes Louisiana Kitchen and Burger King.
Burger King
The brand has a global presence in 17,800 locations spanning 100 countries. It is reportedly the world's second-largest fast-food burger chain. The burger restaurant was founded in 1954. The quick-service restaurant chain, under Burger King, is mainly operated and owned by independent franchisees.
Tim Hortons
Tim Hortons is said to be North America’s leading fast-food restaurant chain that also provides premium beverages. Founded in 1964, Tim Hortons serves a wide variety of food options like classic sandwiches, wraps, soups, baked items like doughnuts, cupcakes, muffins etc., hot beverages like blended coffee, espresso-based hot and cold specialty drinks. It has over 4800 restaurants located in Canada, the United States, and the rest of the world. In 2021, Tim Hortons announced an $80 million investment in advertisement, product development and growing its digital presence.
Popeyes
Popeyes, founded in New Orleans in 1972, is a quick-service restaurant that offers chicken dishes. With a history of over 45 years, the restaurant specialties include Orleans style dishes like chicken tenders, fried chicken, fried shrimp, and other local traditional dishes. It is reportedly the world’s largest restaurant to quick-serve chicken, with over 3100 restaurants worldwide, including the United States. In April 2021, Popeyes announced to expand its footprint in Saudi Arabia with the expansion of its fried chicken restaurant unit. The brand also announced its potential arrival in Asian countries like India, Bangladesh, Nepal and Bhutan. Furthermore, in March 2021, Popeyes restaurant decided to grow its branches in Mexico.
Customers can place orders and look for food and beverages options served by each brand from the official website and mobile applications. The company claims to invest in sustainable initiatives, assuring food safety, investment in employee development programs and diversity & inclusion.
The company publishes financial reports, investment highlights and other resources on the official website.
Peers
GB
Ginger Beef Corporation
VERY
The Very Good Food Company Inc.
RECP
Recipe Unlimited Corp
ATD.B
Alimentation Couche-Tard Inc.
OGO
Organto Foods Inc.
CANS
Wildpack Beverage Inc.
TPX
Molson Coors Canada Inc.
ADW
Andrew Peller Ltd
LAS.A
Lassonde Industries Inc
NTR
Nutrien Ltd.
MTY
MTY Food Group Inc
BABY
Else Nutrition Holdings Inc.