Restaurant Brands International (TSE:QSR) has released an update.
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Burger King has announced a $300M investment to modernize 85%-90% of its U.S. outlets by 2028, building on the success of its ‘Reclaim the Flame’ program and the acquisition of Carrols Restaurant Group. This investment aims to enhance the guest experience through modern restaurant designs and digital enhancements, while also boosting franchisee profitability to record levels. The ‘Royal Reset 2.0’ program will incentivize franchisees to remodel approximately 1,100 additional restaurants, without further capital investment once complete.
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