RBI Earnings Reports

RBI delivered solid Q3 2025 earnings, with system-wide sales up 6.9%, Adjusted EPS reaching $1.03, and strong performance from Tim Hortons and international operations fueling growth. Burger King also showed resilience with improving comps and operating income.

Restaurant Brands International (RBI) delivered a solid second quarter in 2025, with consolidated system-wide sales growing 5.3% year-over-year and comparable sales accelerating to 2.4%. The company saw strong performance from Tim Hortons Canada and Burger King International, and remains on track to achieve its 8%+ organic Adjusted Operating Income growth target for 2025.

Restaurant Brands International reported a decrease in total revenues and net income in the first quarter of 2025 compared to the previous year, primarily driven by an unfavorable FX impact and the absence of BK China revenues. However, Adjusted Operating Income saw a slight increase, and the company remains on track for 8%+ organic Adjusted Operating Income growth in 2025.

Restaurant Brands International Inc. reported Q4 2024 revenue of $2.296 billion, reflecting a 26.2% increase from the prior year. Adjusted EPS grew to $0.81, and operating income surged by 35.4% to $635 million. System-wide sales saw moderate growth across key brands, with Popeyes and Firehouse Subs leading the gains. The company returned $1 billion to shareholders while continuing investments in restaurant development.

Restaurant Brands International (RBI) reported a consolidated comparable sales increase of 0.3% and net restaurant growth of 3.8%. Income from Operations was $577 million, and Adjusted Operating Income increased 6.1% organically to $652 million. Diluted EPS was $0.79, while Adjusted Diluted EPS increased 4.6% organically to $0.93. The company is on track to deliver 8%+ organic Adjusted Operating Income growth for 2024.

Restaurant Brands International reported a consolidated system-wide sales increase of 5.0% year-over-year and global comparable sales growth of 1.9%. The company's net income increased to $399 million, and diluted EPS reached $0.88. Strategic transactions during the quarter are expected to strengthen long-term positioning in the US and China.

Restaurant Brands International Inc. reported a consolidated comparable sales increase of 4.6% and net restaurant growth of 3.9% versus the prior year. Income from Operations was $544 million, and Net Income reached $328 million. Diluted EPS was $0.72.

Restaurant Brands International (RBI) reported strong Q4 2023 results, with global system-wide sales growing nearly 10% and comparable sales up nearly 6%. The company is focused on delivering better experiences for guests and profitability for franchisees, while making long-term investments for growth. RBI reported total revenues of $1.82 billion and net income of $726 million for the quarter.

Restaurant Brands International reported strong Q3 2023 results, with a 10.9% increase in system-wide sales and growth in home market franchisee profitability. Consolidated comparable sales increased by 7.0%, driven by growth at TH Canada and BK International and US. The company returned over $360 million of capital to shareholders while investing in growth and reducing net leverage.

Restaurant Brands International (RBI) reported a strong second quarter in 2023, with a 14% increase in system-wide sales and a 9.6% increase in consolidated comparable sales. Net income increased to $351 million, and adjusted diluted EPS rose to $0.85. The company surpassed 30,000 restaurants globally, generating over $40 billion in system-wide sales over the last 12 months.

Restaurant Brands International (RBI) reported a solid start to 2023, with double-digit comparable sales and system-wide sales growth. Consolidated comparable sales increased by 10.3%, and net restaurants grew by 4.2%. Net income reached $277 million, and adjusted EBITDA increased by 15.6% to $588 million. Diluted EPS was $0.61, while adjusted diluted EPS rose by 22.1% to $0.75.

Restaurant Brands International Inc. reported strong financial results for the fourth quarter ended December 31, 2022, with nearly 8% consolidated comparable sales growth and 4% net restaurant growth.

Restaurant Brands International Inc. reported strong Q3 2022 results, with a 9% increase in consolidated comparable sales and a 4% net restaurant growth. The company's diversified global business model and investments in key areas drove the positive performance. Tim Hortons' sales momentum and Burger King's Reclaim the Flame plan contributed to the growth.

Restaurant Brands International (RBI) reported a strong second quarter with a 9% increase in consolidated comparable sales and a 14% increase in global system-wide sales. Tim Hortons Canada saw exceptional growth, and Burger King International also performed well. The company returned over $400 million to shareholders through dividends and share buybacks.

Restaurant Brands International (RBI) reported a 14% increase in system-wide sales, driven by double-digit comparable sales growth at Tim Hortons Canada and Burger King International. The company opened a record number of restaurants and returned over $400 million to shareholders through dividends and share repurchases.

Restaurant Brands International Inc. reported strong Q4 2021 results, with global system-wide sales growing by 14% year-over-year. Comparable sales improved sequentially across all brands, including Tim Hortons Canada and Burger King U.S. Global digital sales increased by over 65% year-over-year, reaching $10 billion in 2021, representing nearly 30% of system-wide sales. The company returned $1.5 billion of capital to shareholders and acquired Firehouse Subs.

Restaurant Brands International Inc. reported strong Q3 2021 results, with global system-wide sales growing by 11% year-over-year. The company is on track to return to pre-pandemic unit growth levels in 2021 and accelerate in 2022. RBI returned over $425 million of capital to shareholders through dividends and share buybacks and announced a commitment to reduce greenhouse gas emissions.

Restaurant Brands International reported positive financial results for Q2 2021, with continued improvement in global system-wide sales growth, accelerating to +4% compared to 2019. Unit growth returned to pre-pandemic levels with 378 net new restaurants opened in the first half of the year. Digital sales in home markets scaled up by nearly +60% year over year and +15% sequentially. The company's liquidity expanded to $2.8 billion, and net leverage declined significantly. The Board authorized a $1 billion buyback program, demonstrating confidence in the company's value creation opportunity.

Restaurant Brands International Inc. reported positive Q1 2021 results, signaling a return to growth with system-wide sales surpassing Q1 2019. Net restaurant growth nearly matched the best-ever Q1 performance, driven by digital initiatives and recovery from the pandemic.

Restaurant Brands International reported a decrease in total revenues and net income for Q4 2020, impacted by the COVID-19 pandemic. System-wide sales growth declined, and comparable sales decreased for TH, BK, and PLK. The company focused on digital innovation and restaurant development.

Restaurant Brands International (RBI) reported Q3 2020 results, noting that system-wide sales were down 5.4% year-over-year. Total revenues reached $1.337 billion, a decrease from $1.458 billion in the prior year. Net income attributable to common shareholders was $223 million, compared to $351 million in Q3 2019. Despite challenges, the company highlighted progress in restaurant reopenings and digital initiatives.

Restaurant Brands International Inc. reported a significant recovery in performance since March, driven by a proactive and coordinated response to the COVID-19 pandemic. By the end of the quarter, the company was back to 90% of prior year system-wide sales with 93% of restaurants open worldwide. Digital sales across brands grew over 120% year-over-year and more than 30% quarter-over-quarter.

Restaurant Brands International reported Q1 2020 results with a total revenue of $1.225 billion and diluted earnings per share of $0.48. The company faced challenges due to the COVID-19 pandemic, which impacted the operations and sales performance of its brands, particularly Tim Hortons and Burger King. However, Popeyes delivered remarkable system-wide sales growth, driven by the popularity of its Chicken Sandwich.

Restaurant Brands International Inc. reported consolidated system-wide sales growth of 10% in Q4 2019. Popeyes' system-wide sales growth was boosted by the Chicken Sandwich.