Restaurant Brands’ Share Buyback Program: A Sign of Confidence and Potential Upside

Restaurant Brands International, the parent company of Burger King, Popeyes, and Tim Hortons, has announced a share buyback program that allows them to repurchase up to $500 million or 10% of outstanding shares. While this program provides a safety net for shareholders, the company’s strong performance and potential benefits from falling interest rates make it a compelling investment opportunity.

Burger King Summer Menu 2023: Gourmet Kings Bacon Caesar Burgers and Frozen Fanta Blue Raspberry

Burger King has launched its exciting summer menu, featuring the Gourmet Kings Bacon Caesar burgers, Bacon Caesar Loaded King Fries, and the refreshing Blue Raspberry Frozen Fanta. The Gourmet Kings Bacon Caesar burgers come in two variations: Bacon Caesar Angus and Bacon Caesar Chicken. Both burgers are topped with fresh rocket, crispy onions, oak-smoked cheddar, bacon, and garlic Caesar mayo on a toasted brioche bun. The Bacon Caesar Loaded King Fries are topped with bacon bits and Burger King’s Caesar mayo. The Blue Raspberry Frozen Fanta is a vibrant and icy treat, perfect for cooling down during the summer heat. Customers can enjoy these new menu items in stores and via delivery, with exclusive deals and promotions available.

Burger King Invests $300 Million to Remodel 1,100 U.S. Restaurants

Burger King is investing $300 million to remodel about 1,100 of its U.S. restaurants as part of a broader turnaround effort. This investment is part of a $2.2 billion plan to revitalize the chain’s U.S. business. The remodels will include drive-thru pickup for mobile orders and self-order kiosks, and are expected to encourage customers to order more. Burger King will incentivize franchisees to remodel their locations with cash and discounts on royalties. The company expects 85% to 90% of its roughly 7,000 U.S. restaurants will have the same modern design by 2028.

Burger King’s Halloumi Fries Make a Triumphant Return

Burger King has reintroduced its fan-favorite halloumi fries to the menu. Made with 100% Cypriot halloumi and served with a sweet chili dipping sauce, these cheesy delights were a hit when they first launched in 2021. Customers have been eagerly requesting their return, and their prayers have been answered. The fries have also received the seal of approval from Greek Cypriot YiaYias (grandmothers).

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