RBI Q1 2024: comparable sales +4.6%, operating income $544M (+22%), EPS $0.72 vs $0.61

Restaurant Brands International Inc.

2024-Q1 EPS reported $0.72 revenue$1,739,000,000

Consolidated system-wide sales up 8.1% to $10.5B; net restaurant growth 3.9%.
Adjusted operating income $540M (+7.7% organic); adjusted diluted EPS $0.73 (-0.9% organic).
Segment comparable sales: TH Canada 7.5%, BK US 3.9%, PLK US 6.2%, BK International 4.2%.
Free cash flow $122M vs $77M in prior year; adjusted EBITDA net leverage 4.8x.
Announced $300M expanded remodel program for BK US targeting 85-90% modern image by 2028.

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 0.95

Restaurant Brands International Inc. reported first quarter ended March 31, 2024 results: net income Net Income of $328 million, EPS Diluted EPS was $0.72.

Period: first quarter ended March 31, 2024
Net income: Net Income of $328 million
EPS: Diluted EPS was $0.72
Result: reported results

Exact text from the filing

Restaurant Brands International Inc. Reports First Quarter 2024 Results

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Restaurant Brands International Inc. filing history →

Source: SEC EDGAR

accession 0001618756-24-000074

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