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RBA Rate Statement
RBA Press Conference
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Barclays' annual conference featured RBI, which highlighted strong international and Canadian performance, a focus on value, and a shift toward an asset-light, franchised model. Key growth is expected from China, India, and new market initiatives, with 5% net unit growth targeted by 2028.
Barclays' conference featured RBI discussing strong international and Canadian performance, value-driven strategies, and a focus on simplifying operations. Key growth is expected from China, India, and rapid expansion of Popeyes and Firehouse, with a path to 5% net unit growth by 2028.
Restaurant executives are watching for signs of slower sales as more Americans take GLP-1 weight loss drugs, but Burger King owner Restaurant Brands International thinks it's prepared to meet any demand shift. Weight-loss drug users often seek out protein while using the medications, and Burger King's products are protein rich, CEO Josh Kobza said during an investor event. The chain's Double Cheeseburger is a smaller size with a high meat to bread ratio, making it a potential draw for GLP-1 users, Kobza says. (heather.haddon@wsj.com; @heatherhaddon)
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