Restaurant Brands International Inc. (NYSE: QSR)

Restaurant Brands International Inc. (RBI), a Canadian corporation, is a prominent player in the quick-service restaurant (QSR) industry, with a significant global presence in over 120 countries and territories. The company's annual system-wide sales exceed $40 billion, making it one of the largest QSR companies worldwide. RBI operates as the indirect holding company for the entities that own and franchise the Tim Hortons, Burger King, Popeyes, and Firehouse Subs brands.

RBI's primary business activities revolve around the ownership and franchising of these four renowned brands. The company generates revenue through various channels, including sales, franchise fees, property revenues, and advertising and other services. Its product and service offerings include coffee, donuts, and other baked goods, as well as burgers, sandwiches, and other food items. The customer base for RBI is diverse, with a strong presence in North America and a growing international footprint.

Tim Hortons (TH) is one of RBI's largest and most profitable segments, with over 4,500 restaurants globally. TH is a Canadian-based coffee and donut chain, founded in 1964, that offers premium blend coffee, tea, and espresso-based hot and cold specialty drinks, along with fresh-baked goods. The brand is recognized for its high-quality donuts, bagels, muffins, cookies, and pastries, with quick-service restaurants offering a variety of menu items, including sandwiches, wraps, soups, and salads.

Burger King (BK) is another significant contributor to RBI's revenue, with over 7,000 restaurants globally. BK is a fast-food chain that was founded in 1954 and is known for its flame-grilled hamburgers, chicken sandwiches, and specialty sandwiches. With quick-service restaurants offering a variety of menu items, including burgers, fries, salads, and desserts, BK has a strong brand presence and customer loyalty.

The Popeyes (PLK) segment, with over 3,400 restaurants globally, is a smaller but still significant contributor to RBI's revenue. PLK is a fast-food chain that was founded in 1972 and is recognized for its spicy fried chicken, chicken sandwiches, and other seafood and meat items. PLK quick-service restaurants offer a variety of menu items, including fried chicken, sandwiches, salads, and desserts, catering to a diverse customer base.

The Firehouse Subs (FHS) segment is the smallest of RBI's four segments, with over 1,200 restaurants globally. FHS is a fast-casual chain that was founded in 1994 and is known for its hot subs, salads, and other specialty sandwiches. FHS quick-service restaurants offer a variety of menu items, including hot subs, wraps, soups, and salads, providing customers with a unique and satisfying dining experience.

RBI's competitive advantages include its strong brand recognition, global scale, and ability to share best practices across its brands. The company's key competitors include other QSR chains, such as McDonald's, Yum! Brands, and Chipotle Mexican Grill. RBI's customers include individuals and families, as well as businesses and organizations that use the company's restaurants for meetings, events, and other functions.