SHANGHAI, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the opening of the first seven Tims China stores in Shanghai Metro stations. The partnership will be expanded to include more Tims coffee shops in "Line 14" stations. The Tims coffee shops are conveniently located within the metro stations so commuters can grab a coffee on the go. The stores offer new and exc ...

Restaurant Brands International Inc. (QSR) reached a new 52-week high of $79.45 on Jan 10. The stock pulled back to end the trading session at $78.63, up 0.9% from the previous day’s closing price of $77.91.The current Zacks Rank #2 (Buy) company’s shares gained 25.1% in the past three months, outperforming the Zacks Retail - Restaurants industry’s 14.3% growth, the Zacks Retail-Wholesale sector’s 14.8% increase and the S&P 500 Index’s 9.5% rise.The company is benefiting from its expansion initiatives, menu ...

SHANGHAI, China, Jan. 09, 2024 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, announces the grand opening of its 10th Popeyes store in Shanghai, marking a significant milestone. Queues at Popeyes Shanghai restaurant on opening day In March, Tims China acquired the exclusive rights to operate and franchise Popeyes in mainland China and Macau. Since then, Tims China has repositioned the Popeyes b ...

New Segments Provide Enhanced Disclosure on International and Home Market BusinessesRBI to Report Under New Segments Beginning with Year-End 2023 Results on February 13, 2024TORONTO, Jan. 8, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI", "the Company") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today announced details of its shift in reportable segments and definition of segment income. Segment Contribution: LTM September 30, 2023 (CNW Group/Restaurant Brands International Inc.) Beginning with ...

SHANGHAI, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- TH International Limited ("Tims China" (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, has partnered with ride-hailing company DiDi Chuxing ("DiDi") as part of a brand-building campaign. This new partnership focuses on cross-brand and cross-channel marketing, leveraging Didi's large customer base to bolster awareness of the Tims China brand. DiDi app users who hailed rides between November 27 and Decembe ...

Restaurant Brands International Inc. (NYSE:QSR) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Kendall Peck - Head of Investor Relations Josh Kobza - Chief Executive Officer Matt Dunnigan - Chief Financial Officer Patrick Doyle - Executive Chairman Conference Call Participants Dennis Geiger - UBS Brian Bittner - Oppenheimer David Palmer - Evercore ISI Andrew Charles - TD Cowen Lauren Silberman - Deutsche Bank John Ivankoe - JPMorgan Eric Gonzalez - KeyBanc Capital Markets ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36786 RESTAURANT BRANDS INTERNATIONAL INC. (Exact Name of Registrant as Specified in its Charter) Canada 98-1202 ...

Financial Data and Key Metrics Changes - The company reported a year-over-year consolidated system-wide sales growth of 14%, driven by 9.6% comparable sales and 4.1% net restaurant growth [32][43] - Adjusted EBITDA grew 10.3% organically, and adjusted EPS was up 6.6% organically, with the difference attributed to $12 million in Fuel the Flame investments at Burger King U.S. [52][63] - The company ended the quarter with available liquidity of approximately $2.2 billion, including $1.2 billion in cash, and an adjusted EBITDA net leverage ratio of 4.9x [42] Business Line Data and Key Metrics Changes - Tim Hortons in Canada achieved comparable sales growth of 12.5% and system-wide sales growth of 12.8%, driven by core offerings and cold beverage expansion [34] - Burger King U.S. traffic showed sequential improvement, although it remained slightly negative, with a goal to turn it flat and then positive over time [12][14] - Popeyes experienced a system-wide sales growth of 47.9% year-over-year in the second quarter, indicating strong performance outside the U.S. [82] Market Data and Key Metrics Changes - The company noted that international growth is ramping up, with 27% year-on-year growth outside the U.S. [81] - Cold beverage sales at Tim Hortons grew 16.6% year-over-year, reflecting a successful expansion into this high-growth category [35] - The company is gaining market share in higher growth categories, such as cold beverages and PM food [126] Company Strategy and Development Direction - The company aims to achieve 5% unit growth in 2024 and beyond, with a focus on improving operations and advertising quality [6][7] - The Reclaim the Flame plan is set to focus on generating consistent returns through remodels and operational improvements [70] - The company is committed to enhancing franchisee profitability and driving traffic back to the system [51][138] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the impact of inflation on growth expectations and emphasized the need for a normalized view on growth statistics as inflation evolves [9][74] - The company is optimistic about the trajectory of the brand, citing improvements in operations and franchisee engagement [51][100] - Management highlighted the importance of continuous improvement in operations to enhance guest experience and drive traffic [38][126] Other Important Information - The company returned $249 million of capital to shareholders through dividends, with a full-year target of $2.20 per share [42] - The Smile Cookie campaign at Tim Hortons raised a record-breaking amount for local charities, showcasing the brand's community engagement [48] - The company is focused on modernizing its restaurants and enhancing digital capabilities to improve customer experience [60][133] Q&A Session Summary Question: What will drive the implied acceleration in the Burger King business? - Management indicated that significant improvements in operations and advertising quality are essential to drive traffic and achieve growth targets [12][14] Question: How do you feel about the full slate of targets set in 2019? - Management believes that the targets remain relevant, but inflation has changed expectations for comparable sales growth [6][74] Question: Can you elaborate on Burger King U.S. traffic momentum? - Management confirmed that traffic is a focus area, with sequential improvements noted, although it remains slightly negative [12][14] Question: What are the key drivers for Tim Hortons in Canada? - Management highlighted the importance of cold beverage sales and PM food initiatives as significant contributors to growth [35][19] Question: How is the supply chain situation evolving? - Management noted that supply chain volatility is normalizing, with margins remaining flat sequentially [90] Question: What is the strategy for advertising investments in Burger King? - Management emphasized a focus on the quality of advertisements and a measured approach to spending [78][92]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-36786 RESTAURANT BRANDS INTERNATIONAL INC. (Exact Name of Registrant as Specified in its Charter) Canada 98-1202754 (State or ...

Restaurant Brands International Inc. (NYSE:QSR) Q1 2023 Results Conference Call May 2, 2023 8:30 AM ET Company Participants Kendall Peck - Head, IR Patrick Doyle - Executive Chairman Josh Kobza - CEO Matt Dunnigan - CFO Conference Call Participants Dennis Geiger - UBS David Palmer - Evercore ISI Brian Bittner - Oppenheimer Chris Carril - RBC Capital Markets Lauren Silberman - Credit Suisse Andrew Charles - TD Cowan Brian Harbour - Morgan Stanley Katherine Griffin - Bank of America Jon Tower - Citi Jeffrey ...