---
schema_version: "secwatch.filing_event.v1"
accession: "0001618755-23-000019"
form_type: "8-K"
ticker: "RSTRF"
cik: "0001618755"
company_name: "Restaurant Brands International Limited Partnership"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:35:09.892703+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RBI Q1 2023: comparable sales +10.3%, adjusted EPS $0.75 (+22% organic)

## Summary
- 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.

## SEC filing metadata
- accession: 0001618755-23-000019
- form_type: 8-K
- ticker: RSTRF
- cik: 0001618755
- company_name: Restaurant Brands International Limited Partnership
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000019/0001618755-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000019/qsr-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618755-23-000019
- JSON: https://secwatch.observer/filing/0001618755-23-000019.json
- Plain text: https://secwatch.observer/filing/0001618755-23-000019.txt

## Key facts
- Earnings Releases
  Restaurant Brands International Limited Partnership reported the first quarter ended March 31, 2023 results: revenue $ 1,590, net income $277 million, EPS $0.61.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $ 1,590
  - Net income: $277 million
  - EPS: $0.61
  - Result: reported results
  source text: comparable sales calculation. 2 Consolidated Financial Highlights Three Months Ended March 31, (in US$ millions, except per share data) 2023 2022 (Unaudited) Total Revenues $ 1,590 $ 1,451 Net Income $ 277 $ 270 Diluted Earnings per Share $ 0.61 $ 0.59 TH Adjusted EBITDA (1) $ 251 $ 231 BK Adjusted EBITDA (1) $ 256 $ 229 PLK Adjusted EBITDA (1) $ 66 $ 56 FHS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000019/0001618755-23-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.