---
schema_version: "secwatch.filing_event.v1"
accession: "0001618756-23-000020"
form_type: "8-K"
ticker: "QSR"
cik: "0001618756"
company_name: "Restaurant Brands International Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:35:20.388173+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001618756-23-000020
- form_type: 8-K
- ticker: QSR
- cik: 0001618756
- company_name: Restaurant Brands International Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618756/000161875623000020/0001618756-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618756/000161875623000020/qsr-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618756-23-000020
- JSON: https://secwatch.observer/filing/0001618756-23-000020.json
- Plain text: https://secwatch.observer/filing/0001618756-23-000020.txt

## Key facts
- Earnings Releases
  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: $0.61
  - Result: reported results
  source text: Consolidated Financial Highlights Three Months Ended March 31, (in US$ 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618756/000161875623000020/0001618756-23-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.