RBI Q4 2022: consolidated comparable sales +7.9%, diluted EPS $0.74; names Joshua Kobza CEO effective March 1

Restaurant Brands International Limited Partnership

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.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Restaurant Brands International Limited Partnership reported full year and fourth quarter ended December 31, 2022 results: net income $1,482 million, EPS $3.25.

Period: full year and fourth quarter ended December 31, 2022
Net income: $1,482 million
EPS: $3.25
Result: reported results

Exact text from the filing

Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2022 Results

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Restaurant Brands International Limited Partnership filing history →

Source: SEC EDGAR

accession 0001618755-23-000007

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