Dec 31, 2019

RBI Q4 2019 Earnings Report

RBI reported financial results for Q4 2019.

Key Takeaways

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.

Consolidated system-wide sales growth of 10% in Q4 and over 8% in 2019

More than 27,000 restaurants now open globally following 1,342 net restaurant openings in 2019

BURGER KING® delivers over 9% system-wide sales growth and adds over 1,000 net new restaurants in 2019

POPEYES® delivers transformational system-wide sales growth of over 42% in Q4 boosted by the Chicken Sandwich

Total Revenue
$1.48B
Previous year: $1.39B
+6.8%
EPS
$0.75
Previous year: $0.68
+10.3%
TH Comparable Sales
-4.3%
BK Comparable Sales
2.8%
Popeyes Comparable Sales
34.4%
Gross Profit
$861M
Previous year: $807M
+6.7%
Cash and Equivalents
$1.53B
Previous year: $913M
+67.9%
Free Cash Flow
$1.41B
Previous year: $459M
+207.9%
Total Assets
$22.4B
Previous year: $20.1B
+11.0%

RBI

RBI

RBI Revenue by Segment

Forward Guidance

RBI announced that it is targeting a total of $2.08 in dividends per common share and partnership exchangeable unit of RBI LP for 2020

Revenue & Expenses

Visualization of income flow from segment revenue to net income