Restaurant Brands International Is Showing Signs of Recovery
Restaurant Brands International (NYSE: QSR), owner of popular fast-food brands Burger King, Popeyes, and Tim Hortons, is recovering following a contraction due to COVID-19-related shutdowns.
Burger King's comparable sales trends have improved dramatically, thanks to good drive-thru performance. The consumer discretionary company's popular brands should continue to do well as the economy opens up in the U.S. More broadly, quick-service restaurants that offer value pricing and contactless dining should benefit as consumers grapple with uncertainties around the economy and COVID-19.
Image source: Burger King.
Source Fool.com
