RBI Q3 net income $364M vs $530M YoY; adjusted EPS $0.90 down 5.6%

Restaurant Brands International Limited Partnership

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.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Restaurant Brands International Limited Partnership reported the third quarter ended September 30, 2023 results: revenue $ 1,837, net income $ 364, EPS $ 0.79.

Period: the third quarter ended September 30, 2023
Revenue: $ 1,837
Net income: $ 364
EPS: $ 0.79
Result: reported results

Exact text from the filing

comparable sales calculation. 2 Consolidated Financial Highlights Three Months Ended September 30, (in US$ millions, except per share data) 2023 2022 (Unaudited) Total Revenues $ 1,837 $ 1,726 Net Income $ 364 $ 530 Diluted Earnings per Share $ 0.79 $ 1.17 TH Adjusted EBITDA (1) $ 311 $ 305 BK Adjusted EBITDA (1) $ 298 $ 262 PLK Adjusted EBITDA (1) $ 75 $ 62 FHS

View on SEC.gov

Browse all earnings releases →

Restaurant Brands International Limited Partnership filing history →

Source: SEC EDGAR

accession 0001618755-23-000050

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.