EXHIBIT 99rbilogoa13.jpg
Restaurant Brands International Inc. Reports Second Quarter 2018 Results
Good progress against ‘Winning Together’ plan to drive improved comparable sales at TIM HORTONS®
BURGER KING® continues system-wide sales growth and crosses 17,000 restaurants worldwide
POPEYES® achieves double-digit profitability growth through accelerated restaurant expansion
 
Oakville, Ontario – August 1, 2018 – Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) today reported financial results for the second quarter ended June 30, 2018.
 
Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "During the second quarter, we continued to grow each of our three iconic brands, and we made good progress against the 2018 priorities that we outlined last quarter. At Tim Hortons, we have implemented a number of initiatives under our 'Winning Together' plan - including the launch of Breakfast Anytime - which we believe will drive improved comparable sales over the long run. We also delivered strong system-wide sales growth at Burger King and Popeyes, driven by accelerated net restaurant growth. We are very optimistic about the long-term growth potential for each of our brands and remain focused on driving improved guest satisfaction and franchisee profitability."
 
Consolidated Operational Highlights
 
Three Months Ended June 30,
 
2018
 
2017
 
(Unaudited)
System-wide Sales Growth
 
 
 
 
 
    TH
 
2.2
%
 
 
2.6
 %
    BK
 
8.4
%
 
 
10.6
 %
    PLK
 
10.7
%
 
 
3.3
 %
System-wide sales (in US$ millions)
 
 
 
 
 
    TH
$
1,741.7
 
$
1,645.9
    BK
$
5,403.4
 
$
4,961.1
    PLK
$
937.6
 
$
890.4
Comparable Sales
 
 
 
 
 
    TH
 
%
 
 
(0.8
)%
    BK
 
1.8
%
 
 
3.9
 %
    PLK
 
2.9
%
 
 
(2.7
)%
Net Restaurant Growth
 
 
 
 
 
    TH
 
3.0
%
 
 
4.3
 %
    BK
 
6.4
%
 
 
6.0
 %
    PLK
 
7.5
%
 
 
5.3
 %
System Restaurant Count at Period End
 
 
 
 
 
    TH
 
4,794
 
 
4,655
    BK
 
17,022
 
 
16,000
    PLK
 
2,975
 
 
2,768
 

Note: System-wide sales growth and comparable sales are calculated on a constant currency basis and include sales at franchise restaurants and company-owned restaurants. System-wide sales are driven by sales at franchised restaurants, as approximately 100% of current restaurants are franchised. We do not record franchise sales as revenues; however, our franchise revenues include royalties based on a percentage of franchise sales.

1


The following information was filed by Restaurant Brands International Inc. (QSR) on Wednesday, August 1, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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