RBI aims for Walmart shoppers

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $94 is a buy for aggressive investors. The fast-food operator (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 447.0 million; Market cap: $42.0 billion; Price-to-sales ratio: 4.1; Dividend yield: 3.2%; TSINetwork Rating: Average; www.rbi.com) has 31,324 outlets in over 100 countries, comprised of Burger King, Tim Hortons (coffee and donuts), Popeyes Louisiana Kitchen (fried chicken) and Firehouse Subs locations. Restaurant Brands’ Burger King chain in the U.S. is now teaming up with retailing giant Walmart Inc. (New York symbol WMT). Members of Walmart’s premium subscription service (Walmart+) can take advantage of discounts at Burger King, including 25% off on any digital order every day. Additionally, starting in September, Walmart+ members can receive a free Whopper burger every three months with any purchase at Burger King. The partnership also comes as retailers and fast-food restaurant chains launch value deals to lure price-conscious customers. Restaurant Brands is a buy. buy…