Restaurant Brands International (QSR) reported better-than-expected fourth-quarter results Wednesday, sending shares higher in premarket trading. The parent company of Burger King, Tim Hortons, and Popeyes reported adjusted earnings per share (EPS) of $0.81 on revenue of $2.3 billion. Analysts had expected $0.50 and $2.29 billion, respectively, according to estimates compiled by Visible Alpha. The fast-food giant's comparable sales grew 2.5%, better than the 1.59% growth that analysts had expected. Shares ...

Core Insights - Restaurant Brands International reported a same-store sales growth of 2.5%, driven by strong performance from Burger King and Popeyes in the U.S. [1] - The company's fourth-quarter net income was $361 million, or 79 cents per share, a decrease from $726 million, or $1.60 per share, year-over-year [1] - Shares of Restaurant Brands rose over 1% in premarket trading following the earnings report [1] Financial Performance - Excluding corporate restructuring fees and other items, the adjusted earnings per share were 81 cents [2] - Net sales increased by 26% to $2.3 billion [2] - The reported earnings per share of 81 cents adjusted may not meet the expectations of 79 cents as anticipated by LSEG [3] - Revenue of $2.3 billion also exceeded the expected $2.27 billion by LSEG [3]

EXHIBIT 99 Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2024 Results Global system-wide sales grow 5.6% for the fourth quarter and 5.4% for 2024 Global comparable sales up 2.5% in Q4, led by 4.7% at INTL and 2.5% at TH Canada 2024 Income from Operations grows 17.9% year-over-year and Organic Adjusted Operating Income grew 9% ~$1.0 billion of capital returned to shareholders in 2024 while investing for growth and reaching net leverage target RBI declares target total of $2.48 in ...

Global system-wide sales grow 5.6% for the fourth quarter and 5.4% for 2024Global comparable sales up 2.5% in Q4, led by 4.7% at INTL and 2.5% at TH Canada2024 Income from Operations grows 17.9% year-over-year and Organic Adjusted Operating Income grew 9%~$1.0 billion of capital returned to shareholders in 2024 while investing for growth and reaching net leverage targetRBI declares target total of $2.48 in dividends per common share and partnership exchangeable unit for 2025TORONTO, Feb. 12, 2025 /PRNewswir ...

Core Insights - Restaurant Brands (QSR) is expected to report quarterly earnings of $0.79 per share, reflecting a 5.3% increase year-over-year, with revenues projected at $2.29 billion, a 26% increase from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.7% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Advertising revenues and other services' to be $301.21 million, down 3.8% from the prior year [5]. - 'Revenues- Franchise and property revenues' are projected at $729.24 million, a decrease of 1.5% year-over-year [5]. - 'Revenues- FHS (Firehouse Subs)' is expected to reach $51.34 million, showing a slight increase of 0.7% [6]. Sales and Restaurant Count - The estimated 'System-wide sales- TH' is projected at $1.87 billion, reflecting a 1% increase from the previous year [6]. - 'Comparable Sales - PLK - Global' is expected to decline by 0.7%, compared to a 5.5% increase in the same quarter last year [6]. - 'Comparable Sales - FHS - Global' is forecasted at -2.3%, down from 3.5% in the previous year [7]. - 'Comparable Sales - TH - Global' is estimated at 2.3%, compared to 8.4% last year [7]. - The 'System Restaurant Count at Period End - Consolidated - Global' is expected to be 32,081, up from 31,070 year-over-year [7]. Stock Performance - Restaurant Brands shares have increased by 2.5% over the past month, outperforming the Zacks S&P 500 composite, which rose by 1.9% [9].

Core Viewpoint - Happy Belly Food Group Inc. is expanding its Heal Wellness brand with the opening of a new quick serve restaurant in Calgary, marking a significant step in its growth strategy across Canada [1][2]. Expansion Plans - The new Heal Wellness location in Calgary is the 7th store in Western Canada, contributing to a total of 16 locations in the system, with more under construction in Alberta, British Columbia, and Ontario [2][3]. - The company has a contractual commitment for 100 Heal units across Canada and the US, indicating a robust growth trajectory [2]. Growth Strategy - Happy Belly is actively expanding its footprint with six of its QSR brands currently under construction across Canada, with plans for further announcements throughout 2025 [3][4]. - The company has 421 contractually committed retail locations from area developers across all its emerging brands, showcasing a strong pipeline for future growth [4]. Financial Outlook - The rapid expansion of the Heal Wellness brand is expected to enhance the company's free cash flow, which will support an accelerated timeline for corporate store development and franchise growth [4].

Toronto, Ontario--(Newsfile Corp. - February 6, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce that it has secured both a franchise and real-estate location in Aurora, Ontario, for Heal Wellness ("Heal"), a quick-service restaurant ("QSR") specializing in fresh smoothie bowls, acai bowls, and smoothies. HEAL Wellness 1To view an enhanced version of this graphic, please visit:https://image ...

Expansion and Market Presence - Tims China has opened its first store in Nanchang, Jiangxi Province, extending its presence to 27 out of 34 province-level geographies in China [1] - The new Nanchang store is part of a robust network of 1,022 stores across 82 cities, serving over 24 million loyal members [3] - Nanchang, with a population of 6.5 million, is a strategically important city due to its geographic and economic significance, serving as a link between major economic centers like the Yangtze River Delta, Pearl River Delta, and Haixi District [2] Store Renovations and Customer Experience - Tims China has completed the "made-to-order" renovation of 639 stores, featuring efficient working stations and open kitchens for fresh, handmade food preparation [4] - The company emphasizes delivering an exceptional guest experience, with a focus on local relevance, innovation, community, and convenience [8] Product Offerings and Marketing - The Nanchang store opening coincides with the launch of the Chinese New Year 2025 menu, featuring seasonal offerings like the Buttery Red Bean Bagel Latte and Tuna Bagel Sandwich [5][7] - The company aims to cater to the growing number of coffee enthusiasts in China, offering premium coffee and freshly baked bagels [5] Corporate Background - Tims China is the exclusive master franchisee of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau, founded by Cartesian Capital Group and Tim Hortons Restaurants International [6]

Toronto, Ontario--(Newsfile Corp. - January 23, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce that, following our announcement on November 19, 2024, regarding the signing of a Heal Wellness franchisee for the Kingston, Ontario region, we have successfully secured a real estate location for our franchisee just two months later. Heal Wellness ("Heal") is a quick-service restaurant ("QSR") ...

Toronto, Ontario--(Newsfile Corp. - January 22, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leading consolidator of emerging food brands is pleased to announce that its Heal Wellness brand has signed its 47th franchise agreement for the Danforth neighbourhood in Toronto, Ontario. The franchise agreement was signed by an existing multi-unit franchisee, bringing his total up to four units in the Toronto area, with his third location on Avenue set to open ...