The Acquirers Podcast · Thursday, October 1, 2026
Jonathan Boyar discusses QSR (owner of Burger King, Tim Hortons, Popeyes, and Firehouse Subs), noting it's facing consumer headwinds like rising costs and competition. However, he highlights that Burger King North America's turnaround seems to be working and praises CEO Patrick Doyle's leadership, who previously succeeded at Domino's. Boyar believes QSR is a cheap stock with potential for improvement.
“Burger King North America was the problem child. It seems like they have it fixed. So they are in the middle of a turnaround that seems to be working.”
“But you have a cheap stock that's well run, They're run by a guy, the executive chair, Patrick Doyle, who I who I had on my podcast. He's fantastic. He turned around. He's a guy who turned around dominoes.”
“So he's it's it's improving. McDonald's, which is also cheap, it got killed the other day, is kind of at the beginning of their turnaround. So that's why we like QSR a little bit more.”