Core Insights - Restaurant Brands International Inc. (RBI) reported a consolidated system-wide sales growth of 5.3% year-over-year, with international sales growing by 9.8% [1][2] - Comparable sales increased by 2.4%, with Burger King International and Tim Hortons Canada showing growth rates of 4.1% and 3.6% respectively [1][2] - The company is on track to achieve over 8% organic Adjusted Operating Income growth by 2025 [1] Financial Performance - Total revenues for Q2 2025 reached $2,410 million, up from $2,080 million in Q2 2024, marking a year-over-year increase of 15.9% [2][39] - Adjusted Operating Income (AOI) for Q2 2025 was $668 million, compared to $632 million in Q2 2024, reflecting a growth of 5.7% [2][39] - Net income from continuing operations was $264 million for Q2 2025, down from $399 million in Q2 2024, indicating a decline of 33.8% [2][39] Segment Performance - Tim Hortons reported system-wide sales growth of 3.9% in Q2 2025, with comparable sales growth of 3.4% [10][11] - Burger King experienced a system-wide sales growth of 1.0% in Q2 2025, with comparable sales growth of 1.3% [15][17] - Popeyes saw a system-wide sales growth of 1.6% in Q2 2025, with comparable sales declining by 1.4% [21][22] - Firehouse Subs achieved a notable system-wide sales growth of 6.3% in Q2 2025 [22][23] - The International segment reported a robust system-wide sales growth of 9.8% in Q2 2025 [24][25] Strategic Initiatives - RBI is executing a multi-year "Reclaim the Flame" plan for Burger King, which includes investments of up to $700 million through 2028 for advertising and restaurant enhancements [18][19] - The company completed acquisitions of Carrols Restaurant Group and Popeyes China, establishing a new segment called Restaurant Holdings [3][4] - RBI plans to maintain franchisor dynamics across its segments while refranchising the majority of the Carrols Burger King restaurants [4][5] Future Outlook - RBI expects to achieve over 8% organic Adjusted Operating Income growth and 5%+ net restaurant growth by the end of its algorithm period [31][33] - The company has declared a dividend of $0.62 per common share for Q3 2025, payable on October 7, 2025 [28] - A share repurchase authorization of up to $1 billion has been approved, effective from September 15, 2025 [29]

Core Points - Restaurant Brands International Inc. (RBI) will release its second quarter 2025 financial results on August 7, 2025 [1] - An investor conference call will be held on the same day at 8:30 a.m. Eastern Time [1] - The earnings call will be available via webcast and will have a replay for 30 days [2] Company Overview - RBI is one of the largest quick service restaurant companies globally, with nearly $45 billion in annual system-wide sales [3] - The company operates over 32,000 restaurants across more than 120 countries and territories [3] - RBI owns four major quick service restaurant brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS® [3] - The company is committed to improving sustainable outcomes through its Restaurant Brands for Good framework [3]

Company Overview - Restaurant Brands International Inc. (RBI) is one of the largest quick service restaurant companies globally, with nearly $45 billion in annual system-wide sales and over 32,000 restaurants across more than 120 countries and territories [3]. - RBI owns four prominent quick service restaurant brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS® [3]. - The company operates under the "Restaurant Brands for Good" framework, focusing on improving sustainable outcomes related to food, the planet, and communities [3]. Leadership Engagement - Josh Kobza, CEO, and Sami Siddiqui, CFO, will participate in a fireside chat at the Bernstein 41st Annual Strategic Decisions Conference on May 29, 2025, at 8:00 am Eastern Time [1]. - A live audio webcast of the event will be available on the company's investor relations website and accessible for 30 days post-event [2]. Corporate Structure - RBI's principal executive offices are located in Miami, Florida, with brand headquarters in their original markets: Canada for Tim Hortons and the U.S. for Burger King, Popeyes, and Firehouse Subs [4].

Core Insights - Restaurant Brands International Inc. (RBI) reported a consolidated system-wide sales growth of 2.8% year-over-year, with international sales growing by 8.6% [1][2] - Global comparable sales were flat at 0.1%, but adjusted for Leap Day, they increased by over 1% [1] - The company is on track to achieve at least 8% organic adjusted operating income growth in 2025 [1] Financial Highlights - Total revenues for the first quarter of 2025 reached $2,109 million, up from $1,739 million in the same period of 2024 [2] - Income from operations decreased by 20% to $435 million compared to $544 million in the previous year [2] - Net income from continuing operations was $223 million, down from $328 million [2] - Diluted earnings per share from continuing operations fell to $0.49 from $0.72 [2] Operational Highlights - System-wide sales for the first quarter of 2025 were $10,496 million, slightly down from $10,512 million in 2024 [2] - Net restaurant growth was 3.3%, with a total system restaurant count of 32,149 at the end of the period [2] - Comparable sales growth was 0.1%, a significant decrease from 4.6% in the previous year [2] Segment Performance - The Tim Hortons segment reported a system-wide sales growth of 0.0% and comparable sales of -0.1% [11] - The Burger King segment experienced a system-wide sales decline of 1.7% and comparable sales decrease of 1.3% [13] - The Popeyes segment saw a system-wide sales decline of 2.4% and comparable sales decrease of 4.0% [20] - The Firehouse Subs segment achieved a system-wide sales growth of 7.3% [21] - The International segment reported a system-wide sales growth of 8.6% [23] Strategic Initiatives - RBI is executing a multi-year "Reclaim the Flame" plan for Burger King, which includes investments of up to $700 million through 2028 [17] - The company completed acquisitions of Carrols Restaurant Group and Popeyes China, establishing a new operating segment called Restaurant Holdings [4][5] - RBI plans to maintain franchisor dynamics across its segments while refranchising the majority of the Carrols Burger King restaurants [6] Guidance and Long-Term Outlook - For 2025, RBI expects segment general and administrative expenses (excluding Restaurant Holdings) to be between $600 million and $620 million [28] - The company anticipates achieving 5%+ net restaurant growth towards the end of its long-term algorithm period from 2024 to 2028 [29] - RBI continues to expect organic adjusted operating income growth of 8%+ and comparable sales growth of 3%+ [36]