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Stock impact report

Burger King parent Restaurant Brands names Jose Cil as CEO, provides upbeat sales data [MarketWatch]

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: MarketWatch
Burger King parent Restaurant Brands names Jose Cil as CEO, provides upbeat sales data Burger King parent Restaurant Brands International Inc. QSR, -0.75% named Jose Cil, currently the president of Burger King, as its chief executive officer, succeeding Daniel Schwartz, who was promoted to executive chairman, effective immediately. The restaurant operator said fourth-quarter same-store sales for Burger King rose 1.7% from a year ago, beating the FactSet consensus of 0.9% growth, while Tim Horton's same-store sales rose 1.9% to top expectations of a 0.9% increase. Separately, the company raised its quarterly dividend by 11% to 50 cents a share from 45 cents a share. The new dividend will be payable April 3 to shareholders of record on March 15. The stock, which was still inactive in premarket trade, has edged up 0.4% over the past three months while the S&P 500 SPX, -1.42% has slipped 3.9%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Si Show less Read more
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