Q: I am trying to understand the attractiveness of QSR as an investment, having already executed a sell decision...owners of Burger King; Tim Hortons; Popeyes; Firehouse Subs; Carrols Restaurant Group. I never found their "story" very compelling, yet was talked into it a number of years ago by an advisor.
They've never really performed in my view other than provide a modest dividend. Mr. Doyle is nearing the end of his second year leading a turnaround, yet it seems to me not much is turning around. I find it equally puzzling that this stock remains on a lot of recommendation lists and has for years.
I would like your perspective on the stock, its performance to date and where you see it headed over the next 3-5 years.
Thanks as always,
Dave
They've never really performed in my view other than provide a modest dividend. Mr. Doyle is nearing the end of his second year leading a turnaround, yet it seems to me not much is turning around. I find it equally puzzling that this stock remains on a lot of recommendation lists and has for years.
I would like your perspective on the stock, its performance to date and where you see it headed over the next 3-5 years.
Thanks as always,
Dave
5i Research Answer:
QSR is up 85.5% in the past 10 years. Not a stellar return, but reasonable. There was a lot of...