secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Limited Partnership (RSTRF)
CIK:        0001618755
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001618755-23-000050
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618755/000161875523000050/0001618755-23-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618755/000161875523000050/qsr-20231103.htm
  HTML page:      https://secwatch.observer/filing/0001618755-23-000050

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