secwatch.observer — SEC 8-K summary
======================================

Issuer:     Restaurant Brands International Inc. (QSR)
CIK:        0001618756
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001618756-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618756/000161875623000020/0001618756-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618756/000161875623000020/qsr-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001618756-23-000020

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