Core Insights - Happy Belly Food Group Inc. has opened its 22nd Heal Wellness location at the University of Calgary's University District, marking a significant milestone in its expansion strategy [1][2] - The company aims to accelerate growth through both organic initiatives and strategic acquisitions, with a focus on expanding its franchise network across Canada [5][6] Expansion Strategy - The new Heal Wellness location is the 7th in Alberta and the 10th in Western Canada, contributing to a total of 54 restaurants in the company's network [2] - Happy Belly has 531 contractually committed retail franchise locations across its emerging brands, indicating a robust pipeline for future growth [5] Market Positioning - The University District, with over 38,000 students, presents a significant opportunity for Heal Wellness to capture a large customer base focused on healthy eating [6][7] - The community's design promotes healthy lifestyles, which aligns with Heal's mission to provide quick, fresh wellness foods [7][8] Product Offering - Heal Wellness specializes in smoothie bowls, acai bowls, and smoothies, emphasizing the use of superfood ingredients to support an active lifestyle [8]

Core Insights - Burger King is launching a new menu inspired by the "How to Train Your Dragon" live-action remake as part of its strategy to attract families and boost U.S. sales [2][3][10] - The fast-food chain has been in a turnaround phase for over 2.5 years, investing hundreds of millions to renovate restaurants and improve operations [3][11] - The company aims to leverage family-oriented marketing to enhance customer retention and attract a broader demographic, including millennials and Generation Alpha [4][10] Menu Innovations - New menu items include the Dragon Flame-Grilled Whopper, Fiery Dragon Mozzarella Fries, Soaring Strawberry Lemonade, and the Viking's Chocolate Sundae [1][5] - The Dragon Flame-Grilled Whopper features a red and orange marbled bun, while the fries are made with Calabrian chili pepper breading [5][9] - Previous successful collaborations with movie franchises have led to increased sales, with the Spider-Verse and Addams Family promotions being notable examples [8][10][13] Marketing Strategy - The family-first marketing strategy is expected to enhance customer engagement and sales, particularly as families tend to have higher average checks [4][10] - Burger King plans to change its advertising approach to better promote its movie tie-ins, moving beyond mere association to active promotion [13][14] - The promotion is set to run through early July, with contingency plans in place to monitor stock levels of the new menu items [15] Competitive Landscape - Burger King's U.S. same-store sales recently declined by 1.1%, reflecting broader industry challenges, but the company remains optimistic about its competitive positioning against McDonald's and Wendy's [11][12] - The company believes that its innovative strategies are being observed and potentially emulated by competitors, reinforcing its commitment to its current course [12]

Core Viewpoint - Happy Belly Food Group Inc. is expanding its Heal Wellness brand with the opening of its 21st location in Grand Bend, Ontario, marking significant growth in its restaurant network [1][3]. Expansion and Growth - The new Heal Wellness location is the 12th in Ontario and part of a broader strategy that has seen Happy Belly reach a total of 54 restaurants in its franchised and corporate network [3][4]. - The company is experiencing rapid growth, with a first-mover advantage in the wellness food sector, and has 130 total units under contractual commitment, indicating strong franchise interest [4][5]. - Happy Belly is focused on accelerating growth through both organic initiatives and strategic acquisitions, with 531 contractually committed retail franchise locations across its brands [5]. Market Positioning - Grand Bend is identified as an ideal location for Heal due to its vibrant beachside community and summer tourism, which attracts health-conscious visitors seeking nutritious dining options [6]. - The limited competition for clean-eating offerings in the area positions Heal to quickly become a local favorite, leveraging the town's active lifestyle culture and strong foot traffic [6]. Product Offering - Heal Wellness specializes in quick, fresh wellness foods, including a diverse range of smoothie bowls and smoothies made with high-quality superfood ingredients [7].

Core Insights - Happy Belly Food Group's Heal Wellness brand has signed its 50th franchise agreement in Grande Prairie, Alberta, marking a significant milestone in its expansion strategy [1][3][6] - The company aims to establish Heal Wellness as the leading acai bowl and smoothie brand in Canada, focusing on both organic and inorganic growth [3][4][5] Franchise Development - The signing of the 50th franchise agreement strengthens Heal Wellness's development pipeline and supports consistent organic growth [3][4] - Happy Belly has a total of 531 contractually committed retail franchise locations across its emerging brands, indicating robust expansion plans [6] Market Opportunity - Grande Prairie is identified as a strong market for a smoothie and acai bowl restaurant due to its youthful, health-conscious population and limited competition in the health-focused fast-casual space [7] - The city has a population nearing 70,000 and is experiencing steady economic growth, making it an ideal location for wellness-oriented food concepts [7] Business Model and Strategy - Heal Wellness employs a structured business model that mitigates typical entrepreneurial risks, equipping franchisees with necessary tools for success [5] - The company plans to further expand corporate store development while leveraging momentum from its franchise network, with multiple locations already under construction [5][6]

Core Insights - Restaurant Brands International, Inc. (QSR) reported first-quarter 2025 results with earnings and revenues missing the Zacks Consensus Estimate, but both metrics increased year-over-year [1][3] - Following the results announcement, QSR's shares declined by 0.5% [1] Financial Performance - Adjusted earnings per share (EPS) were 75 cents, missing the consensus estimate of 78 cents, but grew 9.9% year-over-year [3] - Quarterly net revenues reached $2.11 billion, missing the consensus mark by 2.1%, yet increased by 21.3% year-over-year [3] - Consolidated comparable sales increased by 0.1% and net restaurant sales rose by 3.3% year-over-year, while global system-wide sales grew by 2.8% [4] Segment Performance - Tim Hortons (TH) reported revenues of $903 million, down 3.7% year-over-year, with system-wide sales flat [6] - Burger King's (BK) revenues were $356 million, up 1.8% year-over-year, but system-wide sales fell by 1.7% [7] - Popeyes Louisiana Kitchen (PLK) generated revenues of $194 million, up 9% year-over-year, with system-wide sales down by 2.4% [8] - Firehouse Subs (FHS) revenues totaled $54 million, up 7.9% year-over-year, with system-wide sales increasing by 7.3% [9] - International (INTL) segment revenues were $218 million, down 2.1% year-over-year, but up 2.3% organically [10] - Restaurant Holdings (RH) segment revenues were $432 million [11] Operating Metrics - Adjusted operating income decreased by 0.2% year-over-year to $539 million, while adjusted EBITDA increased by 2.4% to $642 million [12] - Cash and cash equivalents at the end of Q1 2025 were $899 million, down from $1.33 billion at the end of 2024 [13] Guidance and Future Outlook - The company expects adjusted net interest expense to be between $500 million and $520 million and has lowered segment G&A expectations [15] - Long-term guidance from 2024 to 2028 anticipates over 3% growth in comparable sales and at least 5% net restaurant growth [16]

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 March 31, 2025 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 98-120275 ...

Restaurant Brands International (QSR) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Company Participants Kendall Peck - Sr. Director & Head of IRJoshua Kobza - Chief Executive OfficerSami Siddiqui - Chief Financial OfficerJ. Patrick Doyle - Executive ChairmanDennis Geiger - Executive Director - Equity ResearchDavid Palmer - Senior Managing DirectorJohn Ivankoe - MD - Equity ResearchAndrew Charles - Managing DirectorJon Tower - Director & Equity Research - Consumer & RestaurantsChris Carril - Equity Researc ...

Restaurant Brands International (QSR) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good morning, and welcome to the Restaurant Brands International First Quarter twenty twenty five Earnings Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. All callers will be limited to one question. Please note this event is being recorded. I'd now like to turn the conference over to Kendall Peck, RBI's Head of Investor Relat ...

Restaurant Brands (QSR) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.85%. A quarter ago, it was expected that this operator of Burger King and Tim Hortons restaurant chains would post earnings of $0.79 per share when it actually produced earnings of $0.81, delivering a surprise ...

Core Insights - Restaurant Brands International reported quarterly earnings and revenue that fell short of analysts' expectations, with same-store sales for Popeyes, Burger King, and Tim Hortons declining [1] - The company's shares dropped over 2% in premarket trading following the earnings report [1] Financial Performance - The first-quarter net income attributable to shareholders was $159 million, or 49 cents per share, a decrease from $230 million, or 72 cents per share, in the same quarter last year [1] - Excluding items, the adjusted earnings per share were 75 cents, compared to the expected 78 cents [2][3] - Net sales increased by 21% to $2.11 billion, but this was below the expected $2.13 billion [2][3]