Restaurant Brands International Inc. reports news around its global quick service restaurant franchising business and the performance of Tim Hortons, Burger King, Popeyes and Firehouse Subs. Company updates commonly cover system-wide sales, comparable sales, net restaurant growth, international development, segment results and operational initiatives across its brand portfolio.
Recurring announcements also address capital allocation, including dividends and share repurchases, investor-day targets, balance-sheet priorities, brand-market transactions such as Burger King China, and shareholder communications involving tender offers or other corporate actions.
On June 15, 2022, Restaurant Brands International (QSR) held its Annual Meeting of Shareholders, achieving a voter turnout of 86.27% with 390,350,362 eligible votes. All twelve nominees for the Board of Directors were elected, each being an incumbent. Notably, João M. Castro-Neves received 99.83% approval, while Alexandre Behring garnered 92.81%. The results will be filed with Canadian and U.S. securities regulators. RBI operates over 29,000 restaurants worldwide, generating approximately $35 billion in annual sales.
Restaurant Brands International Inc. (TSX: QSR, NYSE: QSR) announced that Matthew Dunnigan, CFO, will participate in a fireside chat at the Oppenheimer 22nd Annual Consumer Growth and E-Commerce Conference on June 14, 2022, at 9:00 am ET. A live audio webcast will be accessible on their investor relations website and will remain available for 30 days post-event. RBI is a leading quick service restaurant company with over $35 billion in annual sales and more than 29,000 restaurants globally, owning brands like TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®.
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Restaurant Brands International Inc. (TSX: QSR), a leading quick service restaurant company, announced that its CEO, José Cil, will speak at the RBC Capital Markets 2022 Global Consumer & Retail Conference on June 2, 2022, at 9:20 am ET. A live audio webcast will be accessible on the company's investor relations website and will remain available for 30 days post-event. RBI operates iconic brands including TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, boasting over $35 billion in annual sales and 29,000 restaurants across more than 100 countries.
Restaurant Brands International Inc. (QSR) will participate in the Cowen 6th Annual Future of the Consumer Conference on May 25, 2022, at 9:20 am ET. Key speakers include Joshua Kobza, Chief Operating Officer, and Frank Liberio, Chief Information Officer. A live audio webcast will be accessible on the company’s investor relations website, available for 30 days post-event. RBI operates four major brands: TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®, with over $35 billion in annual sales and 29,000+ locations globally.
Restaurant Brands International reported a robust first quarter, showcasing a 14% year-over-year growth in system-wide sales, translating to nearly $1 billion. Comparable sales rose by 8%, driven by over 10% growth at Tim Hortons Canada and over 20% at Burger King International. Digital sales reached an all-time high, and a record number of restaurant openings were noted. The company returned over $400 million to shareholders through dividends and buybacks during the quarter.
Burger King has launched a new benefit for its Royal Perks members, offering free fries every week for the remainder of the year with any purchase. The program, available at participating U.S. locations, allows members to choose any size fry and is part of a broader loyalty initiative that includes earning Crowns for spending, daily upsizing options, and exclusive member rewards. The promotion started on April 25, 2022, and members must sign up by June 20, 2022, to participate.
Burger King and Cargill have launched a partnership with the National Fish and Wildlife Foundation to support ranchers in the Southern Great Plains. This five-year initiative will provide up to $5 million in funding, aiming to sequester up to 360,000 metric tons of carbon dioxide equivalent annually, enough to power 43,000 U.S. homes for a year. The collaboration focuses on regenerative agriculture practices to improve grassland management and reduce greenhouse gas emissions, with a total projected impact of $10 million.
Restaurant Brands International Inc. (QSR) will announce its first quarter 2022 financial results on May 3, 2022, during an investor conference call at 8:30 a.m. Eastern Time. The call will be accessible via its investor relations website and available for replay for 30 days. On the same day, a Tim Hortons Canada Investor Day will take place at 11:00 a.m. Eastern Time, featuring discussions on growth strategies. RBI operates over 29,000 restaurants globally with annual sales around $35 billion.