secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Inc. (QSR)
CIK:        0001618756
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001618756-22-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBI Q1 2022: system-wide sales +13.7%, comp sales +8%, adj EPS $0.64
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- System-wide sales grew 13.7% to $9.0B; global comparable sales +8% driven by Tim Hortons Canada >10% and BK International >20%.
- Total revenues $1.45B (up 15%), adjusted net income $295M, adjusted diluted EPS $0.64 vs $0.55.
- Record Q1 restaurant openings; net restaurant growth 4.4%; home market digital sales highest ever.
- Over $400M returned to shareholders via dividends and share repurchases in Q1.
- Segment adj EBITDA: TH $231M, BK $229M, PLK $56M, FHS $14M; net leverage 5.5x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618756/000161875622000026/0001618756-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618756/000161875622000026/qsr-20220503.htm
  HTML page:      https://secwatch.observer/filing/0001618756-22-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer