RBI Q1 2023: comparable sales +10.3%, adj EPS $0.75 vs $0.64 prior year

Restaurant Brands International Inc.

2023-Q1 EPS reported $0.61 revenue$1,590,000,000

Consolidated comparable sales +10.3%, led by Tim Hortons (+13.8%) and BK (+10.8%).
Net income $277M ($0.61 diluted EPS); adjusted net income $340M ($0.75 adj EPS).
System-wide sales $9.8B (+14.7% YoY); net restaurant count up 4.2% to 29,956.
Adjusted EBITDA $588M (+15.6% organic); TH segment $251M, BK $256M.
Russia operations excluded from all periods; no future profits expected.

item 2.02 item 9.01

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 Inc. reported first quarter ended March 31, 2023 results: revenue $1,590, net income $277 million, EPS $0.61.

Period: first quarter ended March 31, 2023
Revenue: $1,590
Net income: $277 million
EPS: $0.61
Result: reported results

Exact text from the filing

Consolidated Financial Highlights Three Months Ended March 31, (in US$ millions, except per share data) 2023 2022 (Unaudited) Total Revenues $ 1,590 $ 1,451 Net Income $ 277 $ 270 Diluted Earnings per Share $ 0.61 $ 0.59

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Restaurant Brands International Inc. filing history →

Source: SEC EDGAR

accession 0001618756-23-000020

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