{"filings":[{"id":2163957,"accession_number":"0001618756-26-000047","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2026-08-10T20:49:35+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI to repurchase 2.78M Class B exchangeable units for cash on Aug 31, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["3G affiliate RBH exchanged 2,784,549 Class B exchangeable units of RBI LP; irrevocable notice.","RBI LP will satisfy with cash on hand; units cancelled, reducing fully diluted shares.","Repurchase priced at 20-day VWAP of QSR shares on NYSE in USD per LP agreement.","Post-exchange, RBH holds approximately 21% of RBI fully diluted common shares.","Exchange date scheduled for August 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2087842,"accession_number":"0001618756-26-000041","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2026-08-06T10:32:57+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2026: system-wide sales +6.4%, comparable sales +3.8%, adj. EPS $1.07, returns $435M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales $12.7B, +6.4% YoY; comparable sales +3.8% (BK US +8.5%, International +5.5%).","GAAP revenues $2.52B, income from operations $716M (+48.4% YoY); net income $665M, diluted EPS $1.45.","Adjusted operating income $715M, organic growth 6.7%; adjusted EBITDA $810M; adjusted EPS $1.07 (+12.9%).","Returned $435M to shareholders via dividends and share repurchases.","On track for 8% organic adjusted operating income growth in 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":834682,"accession_number":"0001618756-26-000037","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2026-06-03T20:32:07+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders reelect all 10 directors; say-on-pay proposal passes; KPMG ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected with >386 million votes for each; broker non-votes ~5.5 million.","Advisory say-on-pay proposal passed with ~387.5 million for, ~10.0 million against.","KPMG appointed as auditor for 2027 with ~390.2 million for, ~13.0 million withheld.","Annual meeting held June 3, 2026; no other proposals or matters submitted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94125,"accession_number":"0001618756-26-000025","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2026: system-wide sales +6.2%; adj. EPS $0.86; resumes buybacks","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales +6.2% YoY to $11,510M; comparable sales +3.2% (BK US +5.8%, International +5.7%).","GAAP diluted EPS $0.97; adjusted diluted EPS $0.86 (+14.6% YoY); net income $445M.","Organic AOI growth 10.7%; on track for 8%+ organic AOI growth in 2026; resumed share repurchases targeting $500M.","Tim Hortons and International each delivered 20th consecutive quarter of positive comparable sales."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":2264000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106266,"accession_number":"0001618756-26-000006","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4/FY2025: organic AOI growth 8.3%, Adj EPS $3.69, comparable sales +3.1% in Q4","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 system-wide sales growth 5.8% constant currency; FY 5.3%. Comparable sales +3.1% Q4, +2.4% FY.","Q4 Adj EPS $0.96 (up 18.7%); FY Adj EPS $3.69 (up 10.7%). Organic Adj EPS growth 17.2% Q4, 12.4% FY.","Comparable sales by segment in Q4: INTL +6.1%, TH Canada +2.8%, BK US +2.6%.","Returned ~$1.1B to shareholders in 2025; net leverage improved to 4.2x from 4.6x.","Net restaurant growth 2.9% in Q4 and FY; total system restaurants 33,041."],"consensus_eps_estimate":null,"consensus_eps_actual":2.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":9434000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122574,"accession_number":"0001618756-25-000306","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-11-14T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"3G Capital affiliate to sell up to 17.6M QSR shares at $68.72 in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP (3G affiliate) exchanges 17,626,570 Class B units for common shares; RBI will not receive any proceeds.","Offering priced at $68.72/share via forward sale with BofA Securities; expected close Nov 17, 2025.","Selling shareholder and 3G affiliates subject to 45-day lock-up from offering date.","Settlement of forward sale and exchange expected by December 3, 2025; aggregate share count unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122573,"accession_number":"0001618756-25-000302","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.06","8.01","7.01","9.01"],"status":"ready","headline":"RBI forms Burger King China JV with CPE; takes $150M impairment charge","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["CPE invests $350M for ~83% stake; RBI retains ~17% and a board seat.","RBI to record non-cash impairment charge of ~$150M on its Burger King China holdings.","JV aims to grow from ~1,250 restaurants today to over 4,000 by 2035.","RBI enters 20-year master development agreement for exclusive Burger King rights in China.","Transaction expected to close in Q1 2026, subject to regulatory approvals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122572,"accession_number":"0001618756-25-000297","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Restaurant Brands Q3 2025: system-wide sales +6.9%, comparable sales +4.0%, Adj. EPS $1.03","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 system-wide sales $12.28B (+6.9% YoY); comparable sales +4.0% with BK Int'l 6.4%, TH Canada 4.2%, BK US 3.2%.","Total revenues $2.45B; income from operations $663M (+14.8% YoY); Adj. operating income $702M (+8.8% organic).","Adj. diluted EPS $1.03 (+10.7% YoY); organic Adj. EPS growth 11.9%.","Net leverage improved to 4.4x from 4.8x; net restaurant growth 2.8% to 32,423 units.","Management reaffirms 2025 guidance: at least 8% organic Adjusted Operating Income growth."],"consensus_eps_estimate":null,"consensus_eps_actual":2.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":6968000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139258,"accession_number":"0001618756-25-000289","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI reports Q2 adj EPS $0.94 (+9.2% YoY); system sales +5.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated system-wide sales $11.85B, up 5.3% YoY; comparable sales +2.4%.","GAAP income from operations $483M (-27.2% YoY); adj. operating income $668M (+5.7% organic).","Adj. diluted EPS $0.94 vs $0.86 a year ago (+9.2% nominal, +10.3% organic).","Net restaurant count 32,229 (+2.9% YoY); net leverage 4.6x vs 5.0x.","Management reiterates 2025 outlook for 8%+ organic adj. operating income growth."],"consensus_eps_estimate":null,"consensus_eps_actual":1.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":4519000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156826,"accession_number":"0001618756-25-000249","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders elect all 10 directors, reject three proposals at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All ten director nominees elected with majority support; highest votes for Maximilien de Limburg Stirum (394.5M votes for).","Advisory say-on-pay proposal passed with ~384.7M votes for (~9.99M against).","Shareholder proposals on antibiotics, food waste, and director independence all defeated; each received ~44M-38M for vs ~226M-234M against.","KPMG LLP appointed as auditors for 2026 meeting; ~386.5M votes for, 15M withheld."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156825,"accession_number":"0001618756-25-000238","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2025: comparable sales +0.1%, operating income falls 20%, FY outlook maintained","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales growth slowed to 2.8% YoY ($10.5B); global comparable sales +0.1%, ~1% excluding Leap Day.","Total revenues $2.1B (+21% YoY, partly from Carrols consolidation); income from operations $435M (-20%).","Adjusted diluted EPS $0.75 (+2.7%); organic AOI growth 2.6% vs 7.7% in Q1 2024.","Net restaurant growth 3.3% to 32,149 units; CEO cites slower start but Q2 momentum, reaffirms 8%+ organic AOI growth for 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":2109000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156824,"accession_number":"0001618756-25-000231","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI publishes 2024 ESG report; no financial updates or guidance change.","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Report covers four pillars: Food, Planet, People & Communities, and Appendix.","Key sections include Climate Action, Nature & Biodiversity, Packaging & Recycling, Food Waste, Animal Health & Welfare, and Supporting Communities.","No new financial guidance, earnings results, or material operational changes disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175232,"accession_number":"0001618756-25-000078","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"RBI acquires ~100% of Burger King China for $158M; will seek new local partner","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Paid $158M cash to TFI and Cartesian for all equity interests in Burger King China joint venture.","RBI now owns nearly 100% of the ~1,500-restaurant business; TFI helped grow from 60 in 2012.","Plans to engage advisors to find a new local operating partner to inject primary capital and become controlling shareholder.","Transaction aligns with RBI's strategy of partnering with local operators while maintaining franchised model.","TFI and Cartesian remain partners in other markets (Turkey and Tim Hortons China)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175231,"accession_number":"0001618756-25-000076","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4 2024: comparable sales up 2.5%, adjusted EPS $0.81, declares $2.48 dividend for 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Global system-wide sales +5.6% in Q4; comparable sales +2.5%, led by INTL segment at +4.7%.","Q4 adjusted diluted EPS $0.81 vs $0.75 YoY; full-year adjusted EPS $3.34 vs $3.24.","Income from operations grew 35.4% in Q4 ($635M) and 17.9% for full year ($2,419M).","Returned ~$1.0B to shareholders in 2024; declares $2.48 per share dividend target for 2025.","Net leverage improved to 4.6x from 4.8x; restaurant count up 3.4% to 32,125."],"consensus_eps_estimate":null,"consensus_eps_actual":3.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":8406000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192178,"accession_number":"0001618756-24-000187","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2024: comparable sales +0.3%, adj. operating income +6.1% organically","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated system-wide sales $11.4B (+3.2% YoY); net restaurant count +3.8% to 31,525.","Adjusted Operating Income $652M (+6.1% organic); Adjusted Diluted EPS $0.93 (+4.6% organic).","Comparable sales: TH +2.3% (Canada +2.7%), BK -0.7%, PLK -4.0%, FHS -4.8%, INTL +1.8%.","RBI on track for 8%+ organic Adjusted Operating Income growth in 2024; RH segment added $16M."],"consensus_eps_estimate":null,"consensus_eps_actual":2.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":6110000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208662,"accession_number":"0001618756-24-000150","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Restaurant Brands issues $500M 5.625% notes due 2029 to redeem $500M 5.75% notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M first lien senior secured notes at 5.625%, maturing Sept 15, 2029.","Proceeds plus cash on hand to redeem all outstanding $500M 5.750% notes due 2025.","Notes are first lien senior secured, jointly guaranteed by parent and restricted subsidiaries.","Optional redemption: make-whole before Sept 2026, then at specified prices; up to 40% with equity proceeds.","Change of control triggers 101% repurchase offer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208661,"accession_number":"0001618756-24-000144","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"RBI subsidiary issues $500M 5.625% senior secured notes due 2029 to redeem 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$500M aggregate principal of 5.625% First Lien Senior Secured Notes due 2029 priced on September 3, 2024.","Proceeds plus cash on hand will redeem all $500M of outstanding 5.750% First Lien Senior Secured Notes due 2025.","Closing expected on or about September 13, 2024; transaction neutral to net leverage.","New lower coupon (5.625% vs 5.750%) is described as accretive to interest expense."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208660,"accession_number":"0001618756-24-000137","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"3G affiliate to sell up to 6.53M RBI common shares at $68.31 via forward sale","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP (3G affiliate) registered secondary offering of up to 6,528,013 common shares at $68.31 per share.","Forward sale with BofA Securities; net proceeds to selling shareholder, not RBI. No change in total shares and units.","Exchange of 6,528,013 Class B units for common shares will occur; settlement and exchange expected by August 30, 2024.","Offering expected to close August 14, 2024; selling shareholder and 3G affiliates subject to 45-day lock-up.","RBI receives no proceeds; BofA Securities sole book-runner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208659,"accession_number":"0001618756-24-000129","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2024: EPS $0.88, adjusted EPS $0.86, comparable sales +1.9%, system-wide sales +5.0%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $399M vs $351M prior year; income from operations $663M vs $554M.","Adjusted operating income $632M, up 9.3% organically YoY.","Consolidated comparable sales +1.9%: TH Canada +4.9%, Intl +2.6%, BK US stable.","Completed acquisitions of Carrols (May 16) and Popeyes China (June 28); new RH segment established.","Diluted EPS $0.88; adjusted diluted EPS $0.86, up 3.1% organically."],"consensus_eps_estimate":null,"consensus_eps_actual":1.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":3819000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226393,"accession_number":"0001618756-24-000104","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Restaurant Brands issues $1.2B 6.125% notes due 2029, reprices Term Loan B to SOFR+1.75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.2B aggregate principal of 6.125% First Lien Senior Secured Notes due June 15, 2029.","Net proceeds used to refinance portion of existing Term Loan B, reduce outstanding from $5.912B to $4.75B.","Amendment No. 10 reprices Term Loan B from SOFR+2.25% to SOFR+1.75%, unchanged maturity.","Notes guaranteed on first-lien senior secured basis by Partnership and restricted subsidiaries.","Issuers may redeem up to 40% of notes with equity proceeds before June 15, 2026 at 106.125%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226392,"accession_number":"0001618756-24-000098","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"RBI prices $1.2B 6.125% notes due 2029, reprices term loan to SOFR+1.75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.2B in 6.125% senior secured notes due 2029, upsized from $1B launch.","Net proceeds used to refinance portion of existing term loan B facility, pay fees, and general corporate purposes.","Term loan B facility repriced from SOFR+2.25% to SOFR+1.75%, downsized from $5.912B to $4.75B.","Transactions expected to be net leverage neutral and generate annualized net interest savings.","Closing expected June 17, 2024, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226391,"accession_number":"0001618756-24-000094","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"RBI shareholders elect all 10 director nominees, reject all five shareholder proposals at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors elected with votes ranging from 367M to 394M 'for'; broker non-votes 6.1M per nominee.","Say-on-pay advisory resolution passed with 358M for (90.4% of votes cast).","KPMG LLP ratified as auditor with 384.9M for; 17.5M withheld.","All five shareholder proposals (water risk, antibiotics, broiler welfare, plastic use, independent chair) defeated with over 70% against each.","Proposals 4, 5, and 9 were withdrawn before the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226390,"accession_number":"0001618756-24-000092","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"RBI completes $1.0B acquisition of Carrols Restaurant Group, largest BK franchisee","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed all-cash acquisition of Carrols for $9.55/share, ~$1.0B enterprise value.","Adds over 600 Burger King restaurants; RBI to invest $500M in reimaging.","Increased term loan B facility by $750M to $5.9B under same terms to fund deal.","Carrols shares to cease trading; plan to refranchise majority over 7 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226389,"accession_number":"0001618756-24-000074","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2024: comparable sales +4.6%, operating income $544M (+22%), EPS $0.72 vs $0.61","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated system-wide sales up 8.1% to $10.5B; net restaurant growth 3.9%.","Adjusted operating income $540M (+7.7% organic); adjusted diluted EPS $0.73 (-0.9% organic).","Segment comparable sales: TH Canada 7.5%, BK US 3.9%, PLK US 6.2%, BK International 4.2%.","Free cash flow $122M vs $77M in prior year; adjusted EBITDA net leverage 4.8x.","Announced $300M expanded remodel program for BK US targeting 85-90% modern image by 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":0.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":1739000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226388,"accession_number":"0001618756-24-000070","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K/A","filed_at":"2024-04-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RBI appoints Sami Siddiqui as CFO; Matthew Dunnigan separates with $685K severance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sami Siddiqui appointed CFO effective March 14, 2024, succeeding Matthew Dunnigan.","Dunnigan separation agreement includes $685,000 salary continuation over 12 months.","Dunnigan receives pro-rata vesting on 30% of 2020 performance stock units (4 of 5 years).","Dunnigan agreed to non-competition, non-solicitation, non-disparagement, and release of claims.","Separation is without cause; Dunnigan not eligible for 2024 annual bonus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245409,"accession_number":"0001618756-24-000024","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-03-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RBI appoints Sami Siddiqui as CFO, Thiago Santelmo President International, Jeff Klein Popeyes North America President","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sami Siddiqui succeeds Matt Dunnigan as CFO; salary increased to $685k from $625k, bonus target unchanged at 130%.","Thiago Santelmo named President International, succeeding David Shear, who stays as advisor through March 1, 2025.","Jeff Klein promoted to President Popeyes US & Canada, replacing Siddiqui; new EMEA President and Popeyes CMO to be named later.","Long-term aspirational targets reaffirmed: 40,000 restaurants, $60B system sales, $3.2B adjusted operating income by 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245408,"accession_number":"0001618756-24-000015","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4/FY2023: System sales +12.2%, digital $14B, franchisee profitability +30% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2023 revenue $7,022M (+8% YoY); net income $1,718M; diluted EPS $3.76 vs $3.25 prior year.","Adjusted diluted EPS $3.24 vs $3.14; adjusted operating income $2,200M (+7.5% organic).","Q4 comparable sales +5.8% led by Tim Hortons Canada +8.4% and Burger King US +6.3%.","Global digital sales reached $14B, over one-third of system-wide sales; $1.5B returned to shareholders.","Home market franchisee profitability improved 30% on average; net leverage reduced to 4.8x adj. EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":3.76,"consensus_revenue_estimate":null,"consensus_revenue_actual":7022000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245406,"accession_number":"0001618756-24-000007","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI revises segments to TH, BK, PLK, FHS, INTL; shifts segment income metric to AOI","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New five reportable segments: Tim Hortons, Burger King, Popeyes, Firehouse Subs, and International.","Segment income measure changes from Adjusted EBITDA to Adjusted Operating Income (AOI) including D&A and SBC.","11 quarters of historical data (Q1'21–Q3'23) provided under new segment structure; no consolidated restatement.","Q4 and full-year 2023 results under new segments to be reported on February 13, 2024.","CEO says change gives brand leaders greater autonomy over strategic decisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245405,"accession_number":"0001618756-24-000002","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2024-01-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"RBI adds New Holdings and Intermediate Holdings as guarantors under credit facility and indentures","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Eighth Amendment to Credit Agreement joins New Holdings and Intermediate Holdings as Parent Guarantors.","Supplemental Indentures add New Holdings, Intermediate Holdings, Existing Holdings as guarantors on five series of senior secured notes.","New Holdings designated as issuer for certain restrictive covenants under the indentures.","No changes to interest rates, maturity dates, or principal amounts of existing debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262885,"accession_number":"0001618756-23-000055","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2023: Net income $364M ($0.79 EPS) down vs $530M; Adj. EPS $0.90","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales up 7.0% driven by TH Canada 8.1%, BK International 7.6%, BK US 6.6%.","Net income $364M ($0.79 EPS) vs $530M ($1.17) prior year; Adjusted EBITDA $698M, +9.3% organically.","Adjusted diluted EPS $0.90, down 5.6% organically from $0.96.","Over $360M returned to shareholders in Q3; net restaurant growth 4.2% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":2.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":5202000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280071,"accession_number":"0001618756-23-000051","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-09-21T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"RBI amends credit agreement: revolver +$250M, term loans extended, rates adjusted","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving facility increased to $1.25B (from $1.0B) and maturity extended to Sept 2028.","Term Loan A raised to $1.275B, maturity extended to Sept 2028; spread unchanged.","Term Loan B raised to $5.175B, interest rate set at SOFR+225bps, maturity extended to Sept 2030.","Removed 10bp adjustment to term SOFR across facilities; certain covenants relaxed.","Existing hedging arrangements (through Oct 2028) remain in place; floating-rate exposure unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280070,"accession_number":"0001618756-23-000048","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-09-11T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"RBI posts investor presentation on international businesses","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company conducting investor meetings to provide international business overview.","Presentation posted on RBI's website under Events & Presentations section.","No specific financial targets or data included in this 8-K filing.","Presentation available via RBI's investor relations website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280069,"accession_number":"0001618756-23-000045","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-08-18T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"3G Capital affiliate sells up to 7.1M QSR shares at $68.75 in secondary offering; RBI receives no proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP (3G affiliate) to exchange 7,136,149 exchangeable units for common shares, then sell via forward agreement.","Offering priced at $68.75 per share; BofA Securities sole book-runner; sale of 4,136,156 borrowed shares plus up to 2,999,993 from an identified investor.","RBI receives no proceeds from the offering; total common shares outstanding unchanged.","Forward sale settlement and exchange expected on or before Sept 5, 2023; offering closes Aug 21, 2023.","Selling shareholder, 3G entities agree to 45-day lock-up on further sales, subject to exceptions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280068,"accession_number":"0001618756-23-000033","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2023: comparable sales +9.6%, adj. EBITDA $665M (+10.3% organic), global restaurants surpass 30,000","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales +9.6%, system-wide sales +14% YoY to $10.95B.","Net income $351M ($0.77 diluted EPS); adj. diluted EPS $0.85 (+6.6% organic).","Segment comparable sales: TH +11.4%, BK +10.2%, PLK +6.3%, FHS +2.1%.","Net restaurant growth 4.1% to 30,125; trailing 12-month system-wide sales exceed $40B.","Adj. EBITDA $665M, up 10.3% organically; net leverage (adj. EBITDA) improved to 4.9x from 5.4x."],"consensus_eps_estimate":null,"consensus_eps_actual":1.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":3365000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298570,"accession_number":"0001618756-23-000024","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-05-23T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders elect all 10 directors, approve 2023 Omnibus Incentive Plan, reject four ESG proposals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected; highest 'for' votes over 387M for de Limburg Stirum and Sweeney.","Advisory 'say-on-pay' passed with 74.5% for (289.6M for, 98.9M against).","2023 Omnibus Incentive Plan approved with 93.3% for (362.8M for, 25.8M against).","Shareholder proposals on ESG glidepath, lobbying, labor strategy, and plastics reduction all defeated (opposition > 60%).","KPMG LLP re-appointed as auditor with 95.2% for (376.0M for, 19.0M withheld)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298569,"accession_number":"0001618756-23-000020","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2023: comparable sales +10.3%, adj EPS $0.75 vs $0.64 prior year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales +10.3%, led by Tim Hortons (+13.8%) and BK (+10.8%).","Net income $277M ($0.61 diluted EPS); adjusted net income $340M ($0.75 adj EPS).","System-wide sales $9.8B (+14.7% YoY); net restaurant count up 4.2% to 29,956.","Adjusted EBITDA $588M (+15.6% organic); TH segment $251M, BK $256M.","Russia operations excluded from all periods; no future profits expected."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":1590000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318781,"accession_number":"0001618756-23-000017","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"3G Capital affiliate sells 2.2M RBI common shares at $63.99 in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling shareholder HL1 17 LP (3G Capital affiliate) to sell 2,213,851 common shares at $63.99 each.","RBI receives no proceeds; shares come from exchange of partnership units.","Offering expected to close March 2, 2023; forward settlement by March 16.","After transaction, 3G RBH holds ~28.9% voting power; 45-day lock-up on further sales.","BofA Securities sole book-runner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318780,"accession_number":"0001618756-23-000007","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI reports Q4 system-wide sales +12%, adj. EBITDA $2.38B; appoints Joshua Kobza CEO effective March 1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 consolidated comparable sales +7.9%; Tim Hortons Canada +11%, Burger King Intl +8.4%.","Full-year net restaurant growth 4.3% (1,266 net new units); Popeyes had strongest development year since acquisition.","Full-year adjusted diluted EPS $3.14 (vs $2.82 prior); adjusted EBITDA $2.378B (+7.5% organic).","Digital sales surpassed $13.5B in 2022, over one-third of system-wide sales, up >30% YoY.","Joshua Kobza appointed CEO (effective March 1, 2023); CEO José Cil to remain as advisor for one year."],"consensus_eps_estimate":null,"consensus_eps_actual":3.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":6505000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318778,"accession_number":"0001618756-23-000003","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2023-01-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Restaurant Brands appoints J. Patrick Doyle and Cristina Farjallat to board; Doyle named Executive Chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Neil Golden and John Prato resigned from board effective Dec 31, 2022; no disagreements.","J. Patrick Doyle appointed to board Jan 2, 2023, named Executive Chair; previously Executive Chairman since Nov 2022.","Cristina Farjallat appointed as independent director; regional sales director at Facebook Brasil.","Farjallat qualifies as independent under NYSE and Toronto Stock Exchange listing standards.","Doyle receives no additional compensation for board role beyond his existing agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":337006,"accession_number":"0001618756-22-000063","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Patrick Doyle appointed Executive Chairman of RBI; buys $30M in stock, granted 3.25M options/RSUs/PSUs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Doyle appointed Executive Chairman effective Nov 16, 2022; to join Board in Jan 2023.","Purchasing 500,000 common shares (~$30M) at avg NYSE close price; agrees to 5-yr hold.","No base salary or annual bonus; receives one-time equity: 2M options (5yr vest, 10yr expiry), 500k RSUs (5yr ratable vest), 750k PSUs.","PSUs vest based on share price: threshold $81.32 (6% CAGR), target $97.87 (10% CAGR), max $122.23 (15% CAGR) over 5 years.","Doyle previously CEO of Domino's (2010-2018); system sales grew from $5.6B to $13B and ~$11B shareholder value created."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":337005,"accession_number":"0001618756-22-000053","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2022: Net income $530M ($1.17 EPS), adj EPS $0.96, revenue $1.73B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales +9.1% YoY; system-wide sales +14% to $10.4B.","Digital sales $3.4B (+26% YoY), now 33% of system-wide sales.","Segment comparable sales: Tim Hortons +9.8%, Burger King +10.3%, Popeyes +3.1%.","Net restaurant growth +3.9%; total system count 29,968 at Q3 end.","Adjusted EBITDA $642M (+5.8% vs $607M); net leverage 5.2x; LTM free cash flow $1.45B."],"consensus_eps_estimate":null,"consensus_eps_actual":2.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":4816000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354391,"accession_number":"0001618756-22-000041","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2022: consolidated comparable sales +9%, adj EPS $0.82 vs $0.77 YoY, revenue $1.64B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Global system-wide sales over $10B, up 14% YoY; digital sales $3B (33% of total).","GAAP net income $346M ($0.76 diluted EPS); adjusted net income $373M ($0.82 adj. diluted EPS vs $0.77).","Tim Hortons Canada comp sales +14%; Burger King International +18%; consolidated comps +9%.","Returned over $400M to shareholders via dividends and buybacks in Q2; LTM free cash flow $1.562B."],"consensus_eps_estimate":null,"consensus_eps_actual":1.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":3090000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":372340,"accession_number":"0001618756-22-000035","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-06-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"RBI shareholders elect 12 directors, approve say-on-pay, reject labor proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 12 director nominees elected; Alexandre Behring received 356.6M for, 27.6M withheld.","Advisory vote on executive compensation passed with 373.6M for, 9.5M against.","KPMG LLP appointed as auditor (375.2M for, 15.1M withheld).","Shareholder proposal on labor strategy and franchisee HCM rejected (52.7M for, 324.9M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":372339,"accession_number":"0001618756-22-000026","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2022: system-wide sales +13.7%, comp sales +8%, adj EPS $0.64","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales grew 13.7% to $9.0B; global comparable sales +8% driven by Tim Hortons Canada >10% and BK International >20%.","Total revenues $1.45B (up 15%), adjusted net income $295M, adjusted diluted EPS $0.64 vs $0.55.","Record Q1 restaurant openings; net restaurant growth 4.4%; home market digital sales highest ever.","Over $400M returned to shareholders via dividends and share repurchases in Q1.","Segment adj EBITDA: TH $231M, BK $229M, PLK $56M, FHS $14M; net leverage 5.5x."],"consensus_eps_estimate":null,"consensus_eps_actual":0.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":1451000000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391196,"accession_number":"0001618756-22-000007","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-02-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI discloses 2021 quarterly metrics for Firehouse Subs; Q4 global system-wide sales $273M, comps +14.7%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Firehouse Subs Q4 2021 global system-wide sales $273M, +18.1% YoY; U.S. comp sales +15.2%.","Full-year 2021 global system-wide sales $1.091B (sum of quarters); net restaurant growth 1.6%.","Comparable sales global: Q1 24.2%, Q2 31.2%, Q3 14.9%, Q4 14.7%; U.S. Q4 15.2%.","Canada segment: Q4 2021 system-wide sales $13M, comps +2.5%; restaurant count 49 (up 19.5% YoY)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":391195,"accession_number":"0001618756-22-000006","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2022-02-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4 adj. EPS $0.74; system-wide sales +13.8%; digital sales $10B; Firehouse Subs acquired","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY 2021 diluted EPS $2.69 vs $1.60; adjusted diluted EPS $2.82 vs $2.03.","Q4 system-wide sales +13.8%; comparable sales: Tim Hortons +10.3%, BK +11.3%, Popeyes -0.4%.","Global digital sales $10B in 2021, up >65% from $6B, representing ~30% of system sales.","Net restaurant growth 4.5%; opened >1,200 net new units; Firehouse Subs acquired Dec 15, 2021.","Dividend increased to $0.54/share for Q1 2022; targeting $2.16 annual dividend for 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":2.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":5739000000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409358,"accession_number":"0001618756-21-000070","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2021-12-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RBI board director Carlos Sicupira resigns; Thecla Sweeney appointed as independent director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Director Carlos Sicupira resigns effective Dec 31, 2021 after over a decade of service.","Thecla Sweeney appointed as independent director effective Jan 1, 2022.","Sweeney is Exec Chair/CEO of Motion LP and Operating Partner at Birch Hill Equity Partners.","Board determined Sweeney qualifies as independent under NYSE and TSX listing standards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409357,"accession_number":"0001618756-21-000065","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2021-12-15T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"RBI completes $1.0B acquisition of Firehouse Subs; extends revolver and increases term loan A to $1.25B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Firehouse Restaurant Group completed for $1.0 billion, adding Firehouse Subs brand.","Existing $717M term loan A facility increased to $1.25B; maturity extended to Dec 13, 2026.","Revolving credit facility maturity extended from October 2024 to December 2026; interest rate now based on term SOFR.","Proceeds from term loan increase used along with cash to fund acquisition; security and guarantees unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409356,"accession_number":"0001618756-21-000062","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2021-11-15T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"RBI acquires Firehouse Subs for $1.0B all-cash; deal expected to close in coming months","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal valued at $1.0B; RBI plans to fund via cash on hand and debt.","Firehouse Subs 2021E system-wide sales ~$1.1B; Adjusted EBITDA ~$50M.","~1,200 restaurants across 46 U.S. states, Canada, Puerto Rico; 97% franchised.","U.S. comparable sales +20% YTD Oct 2021 vs 2019; 3.5-year avg payback period.","Management to remain; deal immediately accretive to RBI diluted EPS."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":409355,"accession_number":"0001618756-21-000058","cik":1618756,"company_name":"Restaurant Brands International Inc.","ticker":"QSR","form_type":"8-K","filed_at":"2021-10-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2021: revenue $1.495B, adj. EPS $0.76, global system sales +11% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $1.495B, net income $328M, diluted EPS $0.70; adjusted EPS $0.76.","Global system-wide sales grew 11% YoY, accelerating sequentially (+5% vs 2019).","Burger King int'l system sales +25% YoY; Tim Hortons Canada improved; Popeyes comparable sales -2.4%.","Returned over $425M to shareholders via dividends and share buybacks; $1B buyback program active.","Committed to reduce greenhouse gas emissions 50% by 2030, net zero by 2050."],"consensus_eps_estimate":null,"consensus_eps_actual":2.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":4193000000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":34017904937.946938,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-10-25T23:59:59+00:00|409355"}