earnings
confidence high
sentiment positive
materiality 0.70
RBI Q3 2022: Net income $530M ($1.17 EPS), adj EPS $0.96, revenue $1.73B
Restaurant Brands International Inc.
2022-Q3 EPS reported
$2.51
revenue$4,816,000,000
- Consolidated comparable sales +9.1% YoY; system-wide sales +14% to $10.4B.
- Digital sales $3.4B (+26% YoY), now 33% of system-wide sales.
- Segment comparable sales: Tim Hortons +9.8%, Burger King +10.3%, Popeyes +3.1%.
- Net restaurant growth +3.9%; total system count 29,968 at Q3 end.
- Adjusted EBITDA $642M (+5.8% vs $607M); net leverage 5.2x; LTM free cash flow $1.45B.