Jim Cramer on Restaurant Brands International: "The Sellers Just Won't Quit"

Restaurant Brands International Inc. (NYSE:QSR) is one of the stocks Jim Cramer shed light on. Cramer highlighted the company’s solid quarter despite being in a struggling industry. He said:

“This is a tough story. We keep hearing about a slowdown in restaurant spending, but we got a very different story from Restaurant Brands. That’s the parent company of Burger King, Tim Horton’s, Popeyes, [and] Firehouse Subs. When it reported yesterday morning, I mean, these guys delivered a terrific number. Healthy top and bottom line beat, better than expected same store sales, up 4%. Their Tim Horton’s Canada business, it just keeps humming. It is doing so well. Its international division that houses almost all the overseas operations, excluding China, fabulous. In response, the stock rallied 1.5%, but it, that was just the breaking of a five-session losing streak. But today then it gave back the gains even though the quarter was good. The sellers just won’t quit.”

Restaurant Brands International Inc. (NYSE:QSR) owns and operates quick-service restaurant chains, including Tim Hortons, Burger King, Popeyes, and Firehouse Subs.

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Disclosure: None. This article is originally published at Insider Monkey.