RBI expands in Eastern Europe

Article Excerpt

RESTAURANT BRANDS INTERNATIONAL INC. $90 is a buy for aggressive investors. The company (Toronto symbol QSR, Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 449.1 million; Market cap: $40.4 billion; Price-to-sales ratio: 4.8; Dividend yield: 3.3%; TSINetwork Rating: Average; www.rbi.com) is the world’s third-largest fast-food operator after McDonald’s (No. 1) and Yum Brands (No. 2). It has 29,968 outlets in over 100 countries: 19,401 Burger King, 5,405 Tim Hortons (coffee and donuts), 3,928 Popeyes Louisiana Kitchen (fried chicken) and 1,234 Firehouse Subs. The company has entered into an exclusive Master Franchise and Development Agreement with McWin, a private investment firm. Under the deal, McWin will open and run Burger King outlets in the Czech Republic, Poland and Romania. It will also open Popeyes outlets in the Czech Republic and Poland. In all, McWin aims to open 600 restaurants in these markets over the next 10 years. Restaurant Brands is a buy. buy…