RBI Q2 2022 Earnings Report
Key Takeaways
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.
Consolidated comparable sales increased by 9%, driven by strong performance at Tim Hortons Canada and Burger King International.
Global system-wide sales grew by 14%, reaching over $10 billion.
Digital sales increased double-digits year-over-year, representing 33% of system-wide sales.
Over $400 million of capital was returned to shareholders through dividends and share buybacks.
RBI
RBI
RBI Revenue by Segment
Forward Guidance
RBI did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income