RBI Q4/FY2023: System sales +12.2%, digital $14B, franchisee profitability +30% YoY

Restaurant Brands International Inc.

2023-FY EPS reported $3.76 revenue$7,022,000,000

FY2023 revenue $7,022M (+8% YoY); net income $1,718M; diluted EPS $3.76 vs $3.25 prior year.
Adjusted diluted EPS $3.24 vs $3.14; adjusted operating income $2,200M (+7.5% organic).
Q4 comparable sales +5.8% led by Tim Hortons Canada +8.4% and Burger King US +6.3%.
Global digital sales reached $14B, over one-third of system-wide sales; $1.5B returned to shareholders.
Home market franchisee profitability improved 30% on average; net leverage reduced to 4.8x adj. EBITDA.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Restaurant Brands International Inc. reported financial results for full year and fourth quarter ended December 31, 2023.

Period: full year and fourth quarter ended December 31, 2023
Result: reported results

Exact text from the filing

Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2023 Results

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Restaurant Brands International Inc. filing history →

Source: SEC EDGAR

accession 0001618756-24-000015

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