secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Inc. (QSR)
CIK:        0001618756
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001618756-22-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBI Q3 2022: Net income $530M ($1.17 EPS), adj EPS $0.96, revenue $1.73B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618756/000161875622000053/0001618756-22-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618756/000161875622000053/qsr-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001618756-22-000053

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