Restaurant Brands plans to grow to more than 40K restaurants

Restaurant Brands

Restaurant Brands

The plan is for Tim Hortons to put the Beyond Meat options on the menu at all locations coast to coast later this summer.

The company piloted the Impossible burger, another plant-based offering, at some U.S. Burger King locations and plans to expand the Impossible Whopper offering nationally.

Canada-based coffee chain Tim Hortons, a subsidiary of Restaurant Brands International (NYSE: QSR), is testing Beyond Meat's plant-based sausages in select markets.

According to a statement, Tim Hortons says that by adding the Beyond Meat patty to their menu, "all Tims guests, including vegans and meat lovers alike, to enjoy the taste and satisfaction of a breakfast classic they know and love, without sacrifice".

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Restaurant Brands International Inc. told attendees at its investor day Tuesday that it will grow its Burger King, Tim Hortons and Popeyes brands to more than 40,000 units over the next eight to 10 years, making it one of the world's biggest restaurant companies. Now standing at 26,000 stores across the globe, the company aims to reach its goal of 40,000 over the next eight to 10 years. Visit MarketWatch.com for more information on this news.

About BURGER KINGFounded in 1954, the BURGER KING brand is the second largest fast food hamburger chain in the world. Nearly 100 percent of BURGER KINGrestaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades.

About POPEYESFounded in New Orleans in 1972, POPEYES has more than 45 years of history and culinary tradition. But that growth slowed in 2018 in the fiercely competitive industry.

Beyond Meat's burgers and sausages are also featured on USA fast-food restaurant Carl's Jr's menu. RBI does not record franchise sales as revenues; however, franchise revenues include royalties based on a percentage of franchise sales.

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