earnings
confidence high
sentiment neutral
materiality 0.65
RBI Q3 2023: Net income $364M ($0.79 EPS) down vs $530M; Adj. EPS $0.90
Restaurant Brands International Inc.
2023-Q3 EPS reported
$2.16
revenue$5,202,000,000
- Consolidated comparable sales up 7.0% driven by TH Canada 8.1%, BK International 7.6%, BK US 6.6%.
- Net income $364M ($0.79 EPS) vs $530M ($1.17) prior year; Adjusted EBITDA $698M, +9.3% organically.
- Adjusted diluted EPS $0.90, down 5.6% organically from $0.96.
- Over $360M returned to shareholders in Q3; net restaurant growth 4.2% YoY.