{"filings":[{"id":2163956,"accession_number":"0001618755-26-000032","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2026-08-10T20:50:16+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI receives exchange notice for 2.78M Class B units; will repurchase for cash","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchange notice from 3G Restaurant Brands Holdings LP for 2,784,549 Class B exchangeable units.","RBI LP will repurchase units for cash on hand; units cancelled, reducing fully diluted shares.","Exchange date Aug 31, 2026; price based on 20-day VWAP of QSR shares on NYSE.","After exchange, 3G affiliate holds ~21% of RBI fully diluted common shares.","Exchange notice is irrevocable."],"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":47907066825.0,"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":2087838,"accession_number":"0001618755-26-000026","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2026-08-06T10:34:11+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2026: BK US comparable sales +8.5%, International +5.5%, Adj. EPS $1.07","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales $12.7B, up 6.4% YoY; comparable sales +3.8% (BK US +8.5%, International +5.5%).","GAAP diluted EPS from continuing ops $1.45 vs $0.58 YoY; adjusted diluted EPS $1.07 vs $0.94 (+12.9%).","Adjusted Operating Income $715M, up 6.7% organic; on track for 8% organic AOI growth in 2026.","Returned $435M to shareholders via dividends and share repurchases in Q2.","Net leverage improved to 4.1x from 4.6x a year ago."],"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":47907066825.0,"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":834678,"accession_number":"0001618755-26-000023","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2026-06-03T20:32:50+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders elect all 10 director nominees, approve say-on-pay, ratify KPMG","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected with >386M votes each; broker non-votes ~5.5M.","Advisory vote on executive compensation passed with 387.5M for, 9.9M against.","KPMG LLP ratified as auditor with 390.2M votes for, 13.0M withheld.","Overwhelming support for all three proposals at June 3, 2026 annual 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":47907066825.0,"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":94124,"accession_number":"0001618755-26-000012","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1: system-wide sales +6.2%, comp sales +3.2%, BK US comp +5.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted EPS $0.86, up 14.6% YoY; diluted EPS from continuing ops $0.97 vs $0.49.","Organic Adjusted Operating Income grew 10.7%; company reaffirms 8%+ organic AOI growth for 2026.","International delivered 20th consecutive quarter of positive comp sales; BK US comp accelerated to 5.8%.","Resumed share repurchases in March; expects to repurchase $500 million in 2026.","Net leverage improved to 4.2x from 4.7x; dividend continued to grow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":106265,"accession_number":"0001618755-26-000004","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4 2025: system-wide sales +5.8%, comps +3.1%, organic AOI +15.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 system-wide sales $12.1B (+5.8% constant currency); comparable sales +3.1% led by INTL (+6.1%).","Full year 2025: system-wide sales $46.8B (+5.3%); comparable sales +2.4%; net restaurant growth 2.9% to 33,041 units.","Q4 AOI $674M (+15.6% organic); full year AOI $2,584M (+8.3% organic).","Q4 Adj. EPS $0.96 (+18.7% nominal); full year Adj. EPS $3.69 (+10.7% nominal).","Returned ~$1.1B of capital to shareholders in 2025; net leverage 4.2x (down from 4.6x)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":122571,"accession_number":"0001618755-25-000052","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 launches secondary offering of up to 17.6M RBI shares at $68.72","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP (3G affiliate) will sell up to 17,626,570 common shares via underwritten public offering.","Price set at $68.72 per share; proceeds go to selling shareholder, not RBI.","Forward sale agreement with BofA Securities; 9,785,784 shares borrowed and sold initially.","Offering expected to close Nov 17, 2025; settlement and unit exchange by Dec 3, 2025.","45-day lock-up on further share sales by 3G entities with limited 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":47907066825.0,"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":122570,"accession_number":"0001618755-25-000048","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 and CPE announce Burger King China JV; CPE invests $350M, RBI retains 17%, takes $150M impairment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CPE to invest $350M new primary capital into Burger King China JV, owning ~83%; RBI retains ~17% and a board seat.","RBI will record a non-cash impairment charge of approximately $150M on its Burger King China holdings.","Joint venture aims to expand Burger King China from ~1,250 restaurants to over 4,000 by 2035; target to double in 5 years.","Transaction expected to close in Q1 2026, subject to regulatory approvals; RBI will start recognizing royalties post-close.","RBI will not receive any cash proceeds; capital remains in JV to support growth."],"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":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":122569,"accession_number":"0001618755-25-000043","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 EPS $0.96, adj. EPS $1.03; comparable sales +4.0% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS from continuing ops $0.96 vs $0.79 YoY; adjusted EPS $1.03 vs $0.93.","System-wide sales $12.28B (+6.9% YoY); comparable sales +4.0% with BK Intl +6.4%, BK US +3.2%, TH Canada +4.2%.","Income from operations $663M (+14.8% YoY); Adjusted Operating Income $702M; organic AOI growth +8.8%.","RBI reaffirms 2025 outlook for at least 8% organic Adjusted Operating Income growth.","Net leverage improved to 4.4x from 4.8x in prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6968000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":47907066825.0,"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":139257,"accession_number":"0001618755-25-000035","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2025: system-wide sales +5.3% to $11.85B, comparable sales +2.4%, adj. EPS $0.94 up 9.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $2.41B vs $2.08B YoY; GAAP income from operations fell 27.2% to $483M.","Adjusted operating income $668M (+5.7% organic); adjusted diluted EPS $0.94 (+9.2% nominal, +10.3% organic).","International system-wide sales grew 9.8%; Burger King Int’l comparable sales +4.1%, Tim Hortons Canada +3.6%.","Net restaurant count 32,229, up 2.9% YoY; net leverage improved to 4.6x from 5.0x.","Management reaffirms 8%+ organic AOI growth target for full-year 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":156823,"accession_number":"0001618755-25-000029","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-06-03T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders elect 10 directors, approve advisory say-on-pay, reject three shareholder proposals","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected with at least 365M votes for each; broker non-votes ~5.66M.","Advisory vote on executive compensation approved: 384.7M for, 10.0M against, 1.3M abstain.","KPMG LLP appointed as auditor with 386.5M for, 15.0M withheld.","Shareholder proposals on antibiotics policy, food waste, and director independence all defeated by wide margins.","Proposal 7 (if any) was withdrawn before the meeting; no details provided."],"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":47907066825.0,"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":156822,"accession_number":"0001618755-25-000022","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 GAAP EPS $0.49, adjusted $0.75; comparable sales flat; reaffirms 8%+ AOI growth for 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS from continuing ops $0.49 vs $0.72 YoY; adjusted EPS $0.75 vs $0.73.","Total revenues $2,109M, up 21% YoY; system-wide sales $10,496M, growth 2.8% (flat in absolute terms).","Global comparable sales +0.1% (over 1% excluding Leap Day impact); international comps +8.6%.","Organic AOI growth 2.6%; management reaffirms target of 8%+ organic AOI growth for full-year 2025.","Net income from continuing ops $223M vs $328M; adjusted EBITDA $642M vs $627M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":2109000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":47907066825.0,"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":156821,"accession_number":"0001618755-25-000016","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Restaurant Brands International files 2024 'Restaurant Brands for Good' sustainability report","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Report covers Food, Planet, People & Communities, and Ethics & Human Rights.","Report includes letter from CEO Josh Kobza and key milestones for 2024.","No specific financial or operational targets disclosed in the 8-K filing.","Report is furnished under Regulation FD; not incorporated by reference."],"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":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":47907066825.0,"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":175230,"accession_number":"0001618755-25-000006","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 Burger King China stake for $158M; to find new local partner","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired all equity interests in Burger King China from TFI and Cartesian for $158M all-cash.","RBI now owns nearly 100% of the business; will seek a new local operating partner as controlling shareholder.","TFI helped grow Burger King China from ~60 restaurants (2012) to ~1,500 today.","Transaction aligns with RBI's strategy of partnering with experienced local operators in franchised model.","RBI continues Tim Hortons China partnership with Cartesian; TFI remains partner in Turkey."],"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":47907066825.0,"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":175229,"accession_number":"0001618755-25-000004","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI reports Q4 comparable sales +2.5%, FY 2024 income from operations up 17.9% to $2.419B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Global system-wide sales +5.6% in Q4; comparable sales +2.5% led by International +4.7% and TH Canada +2.5%.","Total revenues $2.30B in Q4, $8.41B for FY 2024; income from operations $635M in Q4, $2.42B for FY 2024 (+17.9% YoY).","Adjusted diluted EPS $0.81 in Q4, $3.34 for FY 2024; adjusted EBITDA $688M in Q4, $2.78B for FY 2024.","Returned ~$1.0B to shareholders in 2024; declared 2025 dividend of $2.48 per common share.","Net leverage at 4.6x; home market franchisee profitability improved for TH Canada and BK US."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":8406000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":192177,"accession_number":"0001618755-24-000070","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2024: consolidated comps +0.3%, adj. op. income +6.1% organically","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales +3.2% YoY to $11.4B; global comparable sales +0.3%.","GAAP diluted EPS $0.79 flat YoY; adjusted diluted EPS $0.93, +4.6% organically.","Adjusted Operating Income $652M, +6.1% organically (ex-FX and RH).","Segment comparable sales: TH +2.3%, BK -0.7%, PLK -4.0%, FHS -4.8%, INTL +1.8%.","Net restaurant growth +3.8%; on track for 8%+ organic AOI growth in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6110000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":208658,"accession_number":"0001618755-24-000067","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"RBI issues $500M 5.625% first lien notes due 2029 to refinance 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $500M aggregate principal of 5.625% First Lien Senior Secured Notes due September 15, 2029.","Proceeds, with cash on hand, will redeem in full the outstanding 5.750% First Lien Senior Secured Notes due 2025.","Notes are first lien senior secured, guaranteed by Restaurant Brands International LP and certain subsidiaries."],"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":47907066825.0,"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":208657,"accession_number":"0001618755-24-000062","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 prices $500M 5.625% senior secured notes due 2029 to refinance 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuers priced $500M aggregate principal of 5.625% First Lien Senior Secured Notes due 2029 on Sept. 3, 2024.","Proceeds, plus cash on hand, will redeem $500M of outstanding 5.750% First Lien Senior Secured Notes due 2025.","Closing expected on or about Sept. 13, 2024; deal is neutral to net leverage and accretive to interest expense.","Notes are guaranteed on a first-lien basis by Holdings and its wholly owned subsidiaries; offered in private placement."],"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":47907066825.0,"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":208656,"accession_number":"0001618755-24-000059","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-08-13T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"3G Capital affiliate to sell up to 6.53M RBI common shares in secondary offering at $68.31","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP (3G affiliate) offered 6,528,013 common shares at $68.31 via forward sale with BofA Securities.","Offering expected to close August 14, 2024; forward settlement and exchange of RBI LP units by Aug 30.","RBI receives no proceeds; aggregate common shares plus exchangeable units unchanged after exchange.","Selling shareholder and related parties subject to 45-day lock-up on further dispositions.","BofA Securities is sole book-runner; shares registered under shelf filed with SEC."],"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":47907066825.0,"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":208655,"accession_number":"0001618755-24-000049","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2024 comp sales +1.9%, adj. EPS $0.86 (+3.1% organic), net income $399M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $399M, diluted EPS $0.88 vs $0.77 prior year; adjusted diluted EPS $0.86 (+3.1% organic).","Consolidated comparable sales +1.9%, system-wide sales +5.0% YoY; net restaurants +4.0%.","Income from operations $663M vs $554M prior year; adjusted operating income $632M (+9.3% organic).","Completed Carrols acquisition (May 16) and Popeyes China acquisition (June 28); new Restaurant Holdings segment.","Five franchisor segments (TH, BK, PLK, FHS, INTL) all grew adjusted operating income YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":226387,"accession_number":"0001618755-24-000044","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"RBI subsidiary issues $1.2B 6.125% senior secured notes due 2029; reprices Term Loan B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1,200M aggregate principal of 6.125% First Lien Senior Secured Notes due June 15, 2029.","Net proceeds used to refinance a portion of the Term Loan B Facility, reducing outstanding from $5,912M to $4,750M.","Amendment No. 10 reprices Term Loan B from SOFR+2.25% to SOFR+1.75% per annum.","Notes are first-lien senior secured, guaranteed by Restaurant Brands International Limited Partnership and restricted subsidiaries.","Interest payable semi-annually on June 15 and December 15, starting December 15, 2024."],"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":47907066825.0,"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":226386,"accession_number":"0001618755-24-000040","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-06-07T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"RBI issues $1.2B 6.125% senior notes due 2029, reprises term loan B to SOFR+1.75%","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1.2B of 6.125% first lien senior secured notes due 2029, upsized from previously announced $1B.","Term loan B repriced from SOFR+2.25% to SOFR+1.75%; downsized from $5.912B to $4.75B.","Transactions expected to be net leverage neutral and result in annualized net interest savings.","Closing on or about June 17, 2024; net proceeds to refinance portion of existing term loan B."],"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":47907066825.0,"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":226385,"accession_number":"0001618755-24-000037","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Restaurant Brands shareholders elect all 10 directors, reject all five shareholder proposals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All ten director nominees elected with majority support; vote counts ranged from 367M to 395M for.","Advisory say-on-pay approved with ~90.4% of votes cast in favor (358.2M for, 38.1M against).","KPMG LLP ratified as auditor for 2025 with 384.9M votes for.","Five shareholder proposals on water, antibiotics, broiler welfare, plastic, and independent chair were all defeated."],"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":47907066825.0,"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":226384,"accession_number":"0001618755-24-000035","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 Carrols acquisition, upsizes term loan to $5.9B","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Carrols closed May 16, 2024; all-cash $9.55/share, total enterprise value ~$1.0B.","RBI will invest $500M to reimage over 600 acquired restaurants, then refranchise most over 7 years.","Term loan B facility increased from $5.2B to $5.9B under same terms; proceeds used to fund acquisition and retire Carrols debt.","Acquisition adds largest BK franchisee to portfolio as part of Reclaim the Flame plan."],"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":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":47907066825.0,"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":226383,"accession_number":"0001618755-24-000028","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2024: comp sales +4.6%, system-wide sales +8.1%; adj. EPS $0.73","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales increased 4.6% and system-wide sales grew 8.1% YoY to $10.5B.","Income from operations $544M (+21.7% YoY); diluted EPS $0.72 vs $0.61 prior year.","Adjusted diluted EPS of $0.73 declined 0.9% organically; adjusted EBITDA $627M (+6.6%).","TH Canada comps +7.5%, BK US +3.9%, PLK US +6.2%, BK International +4.2%.","$300M expanded remodel program at BK US aims for 85-90% modern image by 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":226382,"accession_number":"0001618755-24-000024","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 departs with $685K severance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Dunnigan's employment terminated effective March 14, 2024; separation agreement finalized April 9, 2024.","Dunnigan receives $685,000 salary continuation for one year, COBRA at employee rate, and vesting of an additional 30% of 2020 PSUs.","Sami Siddiqui appointed as CFO to succeed Dunnigan; effective date immediately following departure.","Dunnigan agrees to non-competition, non-solicitation, non-disparagement covenants and a release of claims."],"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":47907066825.0,"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":245404,"accession_number":"0001618755-24-000021","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 as President International, Jeff Klein as Popeyes US/Canada Pres.","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sami Siddiqui succeeds Matt Dunnigan as CFO effective March 14, 2024; salary increased to $685,000.","Thiago Santelmo appointed President International, succeeding David Shear, who stays as advisor through March 2025.","Jeff Klein named President of Popeyes U.S. & Canada, replacing Siddiqui; Klein was Popeyes CMO since 2022.","Company reiterates 2028 targets: min 40,000 restaurants, $60B system sales, $3.2B Adjusted Operating Income.","Shear receives CHF177,838 base salary as advisor, no incentive; separation set for March 1, 2025 with $42,000 lump sum."],"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":47907066825.0,"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":245403,"accession_number":"0001618755-24-000013","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI reports Q4 2023: system-wide sales +9.6%, adj. diluted EPS $0.75 (+4%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 system-wide sales grew 12.2% to $42.9B; Q4 comparable sales +5.8% led by Tim Hortons Canada +8.4% and BK US +6.3%.","Adjusted diluted EPS $3.24 vs $3.14 in 2022; Q4 adjusted EPS $0.75 vs $0.72.","Home market franchisee profitability averaged +30% YoY: TH Canada C$280K (vs C$220K), BK US $205K (vs $140K).","Global digital sales reached $14B in 2023 (>1/3 of system-wide sales), up 20% YoY; $1.5B returned to shareholders.","Net leverage (adjusted EBITDA) improved to 4.8x from 5.1x; operating income $2.05B (+8%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":7022000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":245402,"accession_number":"0000950142-24-000110","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-01-16T23:59:59+00:00","items":["7.01","9.01","8.01"],"status":"ready","headline":"RBI to acquire Carrols Restaurant Group for $1.0B enterprise value; $9.55/share cash","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition price of $9.55 per share represents 23.1% premium to Carrols' 30-day VWAP as of Jan 12, 2024.","Carrols operates 1,022 Burger King and 60 Popeyes restaurants; RBI will invest $500M to remodel ~600 units over 5 years.","After remodeling, RBI plans to refranchise vast majority of acquired restaurants to smaller franchisees in 5-7 years.","Transaction expected to close Q2 2024, subject to antitrust clearance and Carrols shareholder approval; 30-day go-shop period.","RBI expects transaction to be approximately neutral to Adjusted EPS; net leverage increases minimally."],"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":47907066825.0,"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":245401,"accession_number":"0001618755-24-000007","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI revises reportable segments to five brands plus International; moves to Adjusted Operating Income","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["New segments: Tim Hortons, Burger King, Popeyes, Firehouse Subs (US & Canada) and International (all other markets).","Segment income metric changed from Adjusted EBITDA to Adjusted Operating Income (AOI), including D&A and share-based comp.","Historical unaudited data for Q1 2021–Q3 2023 provided to illustrate new segment structure.","New reporting effective with Q4 & FY 2023 results scheduled for February 13, 2024.","No restatement of previously reported consolidated financials; changes affect only segment allocation."],"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":47907066825.0,"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":245400,"accession_number":"0001618755-24-000002","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2024-01-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Restaurant Brands International amends credit agreement and indentures to add new guarantors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment No. 8 joins New Holdings and Intermediate Holdings as Parent Guarantors under the Credit Agreement.","Supplemental Indentures add New Holdings, Intermediate Holdings, and Existing Holdings as guarantors for multiple senior note series.","New Holdings designated as 'issuer' for certain covenant purposes under the indentures.","Terms of existing credit facility and notes unchanged; no new debt issued."],"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":0.2,"market_cap_usd":47907066825.0,"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":262884,"accession_number":"0001618755-23-000050","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 net income $364M vs $530M YoY; adjusted EPS $0.90 down 5.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $364M ($0.79 diluted EPS) vs $530M ($1.17) prior year; adjusted diluted EPS $0.90 vs $0.96.","Consolidated comparable sales +7.0% driven by TH Canada +8.1%, BK International +7.6%, BK US +6.6%.","System-wide sales grew 10.9% to $11.2B; adjusted EBITDA $698M +9.3% organically.","Returned over $360M to shareholders in Q3; net debt $12.07B, adjusted EBITDA net leverage 4.8x.","Segment adjusted EBITDA: TH $311M, BK $298M, PLK $75M, FHS $14M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":5202000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":280067,"accession_number":"0001618755-23-000045","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-09-21T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Restaurant Brands amends credit facilities: revolver to $1.25B, maturities extended","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $1.0B to $1.25B, maturity extended to September 21, 2028.","Term Loan A facility increased to $1.275B, maturity extended to September 21, 2028.","Term Loan B facility increased to $5.175B, interest rate set at SOFR + 225 bps, maturity extended to September 21, 2030.","Removed 10 bps term SOFR adjustment; certain covenants modified to provide increased flexibility.","Existing hedging arrangements (through October 2028) remain; proportion of hedged 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":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":47907066825.0,"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":280066,"accession_number":"0001618755-23-000042","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-09-11T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Restaurant Brands posts international business overview presentation on website","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company posted a presentation covering its international businesses in the Investor Relations section of its website.","Presentation made available as part of investor meetings; no financial results or guidance disclosed.","No material changes or events reported; filing is procedural under Regulation FD."],"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":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":47907066825.0,"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":280065,"accession_number":"0001618755-23-000039","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 to sell up to 7.1M QSR shares at $68.75 in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["HL1 17 LP, an affiliate of 3G Capital, is selling up to 7,136,149 common shares at $68.75 each.","Offering uses a forward sale agreement with BofA Securities; expected to close August 21, 2023.","Settlement of the exchange and forward sale expected by September 5, 2023.","RBI receives no proceeds from the offering; total shares outstanding unchanged.","Selling shareholder and 3G affiliates subject to a 45-day lock-up 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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":47907066825.0,"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":280064,"accession_number":"0001618755-23-000028","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 2023: system-wide sales +14%, global comps +10%, adj EPS $0.85","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales +9.6%; system-wide sales $10.9B, +14% YoY.","Net income $351M vs $346M; diluted EPS $0.77 vs $0.76.","Adjusted EBITDA $665M (+10.3% organic); adjusted diluted EPS $0.85 vs $0.82.","Segment comps: TH +11.4%, BK +10.2%, PLK +6.3%, FHS +2.1%.","Net restaurant growth +4.1%; surpasses 30,000 restaurants globally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"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":47907066825.0,"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":298568,"accession_number":"0001618755-23-000023","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-05-23T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"RBI shareholders elect directors, approve 2023 incentive plan; reject four ESG-related proposals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 director nominees elected; Alexandre Behring received lowest support with 347M for, 41M against.","Advisory vote on executive compensation approved: 289.6M for (74.5%), 98.9M against.","2023 Omnibus Incentive Plan approved: 362.8M for (93.4%), 25.8M against.","All four shareholder proposals defeated; plastics reduction proposal got 141.9M for (36.8%).","KPMG LLP appointed as auditor with 375.9M for (95.2%) support."],"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":47907066825.0,"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":298567,"accession_number":"0001618755-23-000019","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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%, adjusted EPS $0.75 (+22% organic)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated comparable sales +10.3% YoY; BK US +9%, BK International +12%, TH Canada +16%, PLK +5.6%.","System-wide sales $9,832M (+14.7% YoY); net restaurant growth 4.2% to 29,956.","Adjusted EBITDA $588M, up 15.6% organically; net income $277M vs $270M prior year.","Adjusted diluted EPS $0.75 vs $0.64 (+22.1% organic); diluted EPS $0.61 vs $0.59.","TH segment EBITDA $251M, BK $256M, PLK $66M, FHS $15M; net debt $12.3B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1590000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":318777,"accession_number":"0001618755-23-000014","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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 QSR shares at $63.99 in secondary offering","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Selling shareholder HL1 17 LP (3G affiliate) to sell 2,213,851 common shares at $63.99 each.","RBI receives no proceeds; aggregate shares and exchangeable units unchanged.","After settlement, 3G RBH holds ~28.9% of combined voting power in RBI.","Lock-up on 3G entities for 45 days from offering date without underwriter consent.","Offering expected to close March 2, 2023; exchange and forward settlement by March 16."],"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":47907066825.0,"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":318776,"accession_number":"0001618755-23-000007","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q4 2022: consolidated comparable sales +7.9%, diluted EPS $0.74; names Joshua Kobza CEO effective March 1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2022 system-wide sales growth of 13.4%; net restaurant growth 4.3% to 30,722 units.","Q4 consolidated comparable sales +7.9% (Tim Hortons Canada +11%, BK International +11%, Popeyes +3.8%).","Full-year diluted EPS $3.25 (vs. $2.69); adjusted diluted EPS $3.14 (vs. $2.82); adjusted EBITDA $2,378M.","Digital sales exceeded $13.5B in 2022, over one-third of system-wide sales; returned ~$1.3B to shareholders.","Board appoints Joshua Kobza as CEO effective March 1, 2023; José Cil to remain as advisor for one year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6505000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":47907066825.0,"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":318775,"accession_number":"0001193125-23-036889","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Joshua Kobza appointed CEO of Restaurant Brands International, effective March 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["José Cil steps down as CEO, transitions to one-year advisor role with $200,000 salary.","Kobza's annual salary raised to $900,000; target bonus increased to 200% of salary.","Kobza granted 300,000 performance share units vesting in May 2028.","Cil enters separation agreement; COBRA coverage provided for up to 18 months after advisor term.","Kobza previously COO since 2019; was integral to acquisitions of Tim Hortons, Popeyes, Firehouse Subs."],"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":47907066825.0,"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":318774,"accession_number":"0001618755-23-000003","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2023-01-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RBI appoints J. Patrick Doyle as Executive Chair, Cristina Farjallat to Board, replacing resigning directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Neil Golden and John Prato resigned from the Board effective Dec 31, 2022; no disagreement with RBI.","J. Patrick Doyle appointed Executive Chair and director effective Jan 2, 2023; former Domino's Pizza CEO and Carlyle executive.","Cristina Farjallat appointed director effective Jan 2, 2023; regional sales director at Facebook Brasil; former Mercado Livre CMO.","Board determined Farjallat qualifies as independent under NYSE, TSX, and Canadian securities laws.","Doyle receives no additional compensation for Board role; Farjallat will receive standard non-management director compensation."],"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":47907066825.0,"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":337004,"accession_number":"0001618755-22-000050","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"RBI appoints former Domino's CEO Patrick Doyle as Executive Chairman to accelerate growth","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Doyle appointed Executive Chairman effective Nov 16, 2022; will purchase 500,000 RBI shares (~$30M) in private placement, held for 5 years.","Receives one-time equity: 2M options (vest 5yr), 500K RSUs (ratable 5yr), 750K PSUs (5.5yr, target 10% CAGR in share price).","Doyle previously CEO of Domino's (2010-2018), doubling system sales to $13B and creating ~$11B in shareholder value.","No base salary or annual bonus; compensation is entirely equity-based and tied to long-term performance.","Current co-Chairmen Schwartz and Behring remain on board; CEO Jose Cil to work closely with Doyle."],"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":47907066825.0,"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":337003,"accession_number":"0001618755-22-000035","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q3 2022: comparable sales +9%, net income $530M, adjusted EPS $0.96","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated system-wide sales up 14%; comparable sales accelerated to 9% YoY.","Digital sales hit ~$3.4B, representing one-third of total system-wide sales.","Net income $530M ($1.17 diluted EPS); adjusted net income $436M ($0.96 adjusted EPS).","Segment Adjusted EBITDA: Tim Hortons $305M, Burger King $262M, Popeyes $62M, Firehouse $13M.","Net restaurant growth of 3.9% (consolidated); net leverage unchanged at 5.2x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":4816000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":47907066825.0,"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":354390,"accession_number":"0001618755-22-000025","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q2 global system-wide sales up 14% to $10.1B; consolidated comparable sales +9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Global system-wide sales grew 14% to over $10B; consolidated comparable sales accelerated to 9%.","Tim Hortons Canada comparable sales +14%; Burger King International +18% system-wide sales growth.","Digital sales exceeded $3B, representing 33% of system-wide sales, up double-digits YoY.","Total revenues $1.64B (up 14%); adjusted diluted EPS $0.82 (up from $0.77).","Returned over $400M to shareholders via dividends and share buybacks in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":3090000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":47907066825.0,"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":372338,"accession_number":"0001618755-22-000020","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-06-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Restaurant Brands shareholders elect all 12 directors, approve say-on-pay, reject labor proposal","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected all 12 director nominees; each received >356M votes for vs <28M withheld.","Non-binding advisory vote on executive compensation approved: 373.6M for, 9.5M against.","KPMG LLP appointed as auditors for 2023 meeting with 375.2M votes for.","Shareholder proposal on labor market pressure and franchisee human capital management rejected: 324.9M against vs 52.7M for."],"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":47907066825.0,"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":372337,"accession_number":"0001618755-22-000013","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI Q1 2022: global comp sales +8%, revenue $1.45B, adjusted EPS $0.64","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["System-wide sales grew 14% YoY to $9.0B; comparable sales +8% driven by Tim Hortons Canada (+10%) and BK International (+20%).","Total revenues $1,451M (up 15% YoY); net income $270M; adjusted diluted EPS $0.64 vs $0.55 a year ago.","Record Q1 net restaurant growth of 4.4%; 29,576 total restaurants; digital sales in home markets reached highest-ever percentage.","Over $400M returned to shareholders via dividends and share buybacks in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1451000000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":47907066825.0,"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":391194,"accession_number":"0001618755-22-000005","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-02-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RBI discloses Q1-Q4 2021 Firehouse Subs metrics showing strong comparable sales growth","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Global system-wide sales for 2021 totaled ~$1.1B, with US comprising ~$1.04B.","US comparable sales growth ranged from 23.9% in Q1 to 15.2% in Q4; Canada peaked at 32.2%.","System restaurant count grew from 1,198 global at Q1 end to 1,213 at Q4 end, net growth of 1.6%.","Canada net restaurant growth hit 33.3% in Q2, though absolute count rose from 41 to 49 over the year."],"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":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":47907066825.0,"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":391193,"accession_number":"0001618755-22-000004","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2022-02-15T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RBI reports Q4 system-wide sales growth 14%; FY adjusted EPS $2.82","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 system-wide sales growth 14% YoY; comparable sales up 10.3% at Tim Hortons Canada, 11.3% at Burger King US.","Global digital sales reached $10B in 2021, up from $6B in 2020, representing ~30% of system-wide sales.","FY 2021 adjusted diluted EPS $2.82 vs $2.03; net income $1,249M vs $748M.","Acquired Firehouse Subs Dec 15, 2021; opened over 1,200 net new restaurants in 2021.","Targeting $2.16 per share dividends for 2022, up from $1.92 in 2021 (Q1 dividend $0.54)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":5739000000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":47907066825.0,"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":409354,"accession_number":"0001618755-21-000067","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","form_type":"8-K","filed_at":"2021-12-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RBI Board: Carlos Sicupira resigns; Thecla Sweeney appointed independent director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Carlos Sicupira resigns from RBI Board effective Dec 31, 2021 after over a decade of service.","Thecla Sweeney appointed to RBI Board effective Jan 1, 2022, filling the vacancy; Board determined she is independent under NYSE and TSX standards.","Sweeney is Executive Chair and CEO of Motion LP and Operating Partner at Birch Hill Equity Partners.","She brings experience in Canadian retail, logistics, and human resources; serves on boards of Motion LP, Mastermind LP, and FlexNetworks LP."],"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":47907066825.0,"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":409353,"accession_number":"0001618755-21-000065","cik":1618755,"company_name":"Restaurant Brands International Limited Partnership","ticker":"RSTRF","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; amends credit facility","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Firehouse Subs for $1.0B, adding it to brand portfolio of Tim Hortons, Burger King, Popeyes.","Term Loan A facility increased from $717M to $1.25B; proceeds used with cash for the acquisition.","Revolving credit facility maturity extended from Oct 2024 to Dec 2026; interest rate changed to term SOFR.","Negative covenants amended for increased flexibility; no other material changes to credit 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":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":47907066825.0,"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":"2021-12-15T23:59:59+00:00|409353"}