Restaurant Brands International Sees at Least 40,000 Restaurants by 2028
Provided by
Dow Jones
By Josh Beckerman
Restaurant Brands International expects to reach at least 40,000 restaurants and $60 billion in systemwide sales by 2028.
The parent company of Burger King, Tim Hortons, Popeyes and Firehouse Subs now has more than $40 billion in systemwide sales and more than 30,000 restaurants.
The company said its "long-term investment horizon should result in compelling business performance and drive at least low double digit annual total shareholder returns over the next 5 years."
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
February 15, 2024 15:00 ET (20:00 GMT)
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