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0.000781148287983365 -0.00052076552532212 6.50956906652188E-05 -0.000130191381330623 -0.00468688972790001 -0.00520765525322231 -0.00455669834656938 -7.16052597317776E-05
Stock impact report

McDonald's rival franchisee files Chapter 11, 65 restaurants at risk [Yahoo! Finance]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Company Research Source: Yahoo! Finance
That, however, comes with the risk that a franchise operator will struggle, or even fail, damaging the perception of the brand. That happened to Burger King in 2024 when Carrols Restaurant Group, one of its largest franchise operators, filed for Chapter 11 bankruptcy and closed dozens of restaurants. Restaurant Brands International, Burger King's parent company, swooped in and purchased the company out of Chapter 11. "With the close of the acquisition, RBI adds the largest Burger King franchisee in the United States to its portfolio as part of the company's Reclaim the Flame plan. As previously announced, the Company will invest a further $500M to accelerate the reimaging of more than 600 Carrols restaurants before refranchising the majority of the acquired portfolio to new or existing smaller franchise operators over the next seven years," the company shared in a press release Taking that step assured the public and investors that while Carrols had struggled, Burger King itse Show less Read more
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