Restaurant Brands International-owned Burger King is launching its own $5 meal deal ahead of McDonald's, Bloomberg News reported Thursday, citing an internal memo, as burger wars heat up. US fast food chains are in a tussle to attract customers at a time when cost-of-living crisis has forced them to eat more meals at home, prompting companies to turn their focus on offering better promotions and deals to improve traffic. Burger King's deal would include a choice of one of three sandwiches with nuggets, frie ...

A live audio webcast will be available on the company's investor relations website (http://rbi.com/investors) and will be available for 30 days following the event. TORONTO, May 23, 2024 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Patrick Doyle, Executive Chairman, will participate in a fireside chat at the Bernstein Annual Strategic Decisions Conference on May 30th, 2024 at 8:00 am Eastern Time. About Restaurant Brands International Inc ...

TORONTO, May 16, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) announced today that it has completed its previously announced acquisition of all issued and outstanding shares of Carrols Restaurant Group, Inc. ("Carrols") (formerlyNASDAQ: TAST) that are not already held by RBI or its affiliates for $9.55 per share in an all cash transaction, or an aggregate total enterprise value of approximately $1.0 billion. Burger King logo (CNW Group/Restaurant Brands ...

Restaurant Brands International, Inc. (QSR) reported decent first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. Although the bottom line declined on a year-over-year basis, the top line increased on the back of robust system-wide sales across its segments.Following the results, the company’s shares inched up 2.7% during trading hours on Apr 30.Earnings & Revenue DiscussionIn the quarter under review, QSR reported adjusted earnings per share (EPS) of 73 cents, surpass ...

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, 2024 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 ...

Operator Thank you, operator. Good morning, everyone, and welcome to Restaurant Brands International's earnings call for the first quarter ended March 31, 2024. As a reminder, a live broadcast of this call may be accessed on the Investor Relations webpage at rbi.com/investor and a recording will be available for replay. Joshua Kobza In addition to remodeling our restaurants we opened 43 net new restaurants this quarter. We continue to expect mid 4% net restaurant growth for 2024 with development ramping in ...

Restaurant Brands (QSR) reported $1.74 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.4%. EPS of $0.73 for the same period compares to $0.75 a year ago.The reported revenue represents a surprise of +1.40% over the Zacks Consensus Estimate of $1.71 billion. With the consensus EPS estimate being $0.72, the EPS surprise was +1.39%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Restaurant Brands (QSR) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.39%. A quarter ago, it was expected that this operator of Burger King and Tim Hortons restaurant chains would post earnings of $0.73 per share when it actually produced earnings of $0.75, delivering a surprise o ...

EXHIBIT 99 Restaurant Brands International Inc. Reports First Quarter 2024 Results Consolidated system-wide sales grow 8.1% year-over-year Global comparable sales of 4.6% driven by 7.5% at TH Canada, 4.2% at BK International, 3.9% at BK US and 6.2% at PLK US Solid growth in system-wide sales translates into bottom-line growth for franchisees and the Company $300 million expanded remodel program at BK US puts business on path to reach 85% to 90% modern image by 2028 Toronto, April 30, 2024 - Restaurant Brand ...

The Burger King logo is displayed at a Burger King fast food restaurant on January 17, 2024 in Burbank, California.Burger King will invest another $300 million to remodel about 1,100 of its U.S. restaurants as part of a broader turnaround effort, the chain's parent company said Tuesday.Owner Restaurant Brands International kicked off Burger King's comeback strategy a year and half ago with $250 million to renovate restaurants and upgrade its technology and equipment, plus an additional $150 million to inves ...