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Restaurant Brands International Inc. Reports Second Quarter 2022 Results

Restaurant Brands International Inc. today reported financial results for the second quarter ended June 30, 2022.

"We made significant progress across our business in the second quarter, accelerating consolidated comparable sales to 9% and driving 14% growth in global system-wide sales. These results reflect benefits from our dedicated investments in key areas of the business, including people, technology, operations and marketing," said José Cil, Chief Executive Officer of RBI.

"The team at Tim Hortons Canada delivered exceptional results this quarter, aided by investments against our Back to Basics plan and..."

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Aug 5 9:49 AM, General News



Restaurant Brands International Inc. Reports First Quarter 2022 Results 

First quarter system-wide sales grew 14% year-over-year, up nearly $1 billion year-over-year

Global comparable sales growth of 8% driven by over 10% at Tim Hortons Canada and over 20% at Burger King International

Home market digital sales reach their highest levels ever as a percentage of system-wide sales

Record number of first quarter restaurant openings, led by multi-brand international growth and Popeyes in the US

Over $400 million of capital returned to shareholders in Q1 through dividends and share buybacks...

 

 

 

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May 3 8:13 AM, General News


Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2021 Results

Restaurant Brands International Inc. today reported financial results for the full year and fourth quarter ended December 31, 2021.

José Cil, Chief Executive Officer of RBI commented, "I'm proud of the strong performance our brands delivered as we closed out 2021. During the quarter, we saw sequential improvements in each brand and around the world, including notable growth at Tim Hortons Canada and Burger King U.S.

Cil continued, "Two areas of particular strength across our business have been in digital sales and restaurant growth. Our digital investments have..."

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Feb 17 8:31 AM, General News


Thecla Sweeney to Join the Board of Directors of Restaurant Brands

The Board of Directors of Restaurant Brands International Inc. announced today that Thecla Sweeney is joining the RBI Board of Directors as an independent member effective January 1, 2022.

Ms. Sweeney is currently Executive Chair and Chief Executive Officer for Motion LP, a privately-held provider of complex mobility and accessibility solutions in Canada, and Operating Partner for Birch Hill Equity Partners Management Inc., a private equity firm, both based in Toronto, Ontario. She has held the position with Motion LP since April 2018 and has been with...

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Dec 17 8:00 AM, General News


Restaurant Brands International Inc. to Acquire Firehouse Subs

Restaurant Brands International Inc. and Firehouse Restaurant Group Inc. ("Firehouse Subs") announced today that they have reached an agreement for RBI to acquire Firehouse Subs for $1.0 billion in an all-cash transaction. The transaction offers significant long-term unit growth potential to drive attractive returns for all stakeholders and is expected to be immediately accretive to RBI's diluted net earnings per share.

Firehouse Subs adds a strong and loved restaurant brand with attractive unit economics in a complementary category to RBI's existing family of iconic quick service restaurant...

 

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Nov 15 8:57 AM, General News







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