Restaurant Brands International Limited Partnership (RSTRF) 10-Q Quarterly Report October 2018

Oakville, Ontario – October 24, 2018 – Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) today reported financial results for the third quarter ended September 30, 2018.

Daniel Schwartz, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "During the third quarter, together with our franchisees, we continued to improve Tim Hortons comparable sales by executing against our ‘Winning Together’ plan. We also unveiled our new, modern ‘Burger King of Tomorrow’ restaurant image and our plans to roll out the image across the U.S. At Popeyes, we continued to accelerate net restaurant growth and signed additional restaurant development agreements, including in the Philippines. We remain confident that our focus on guest satisfaction and franchisee profitability will drive growth at all three of our brands for many years to come."

Consolidated Operational Highlights



	Three Months Ended September 30,
	2018			2017
	(Unaudited)
System-wide Sales Growth
TH		2.8	%		3.0	%
BK		7.8	%		11.2	%
PLK		7.9	%		4.5	%
System-wide Sales (in US$ millions)
TH	$	1,793.4		$	1,812.3
BK	$	5,544.4		$	5,335.0
PLK	$	956.4		$	897.3
Comparable Sales
TH		0.6	%		0.3	%
BK		1.0	%		3.6	%
PLK		0.5	%		(1.8	)%
Net Restaurant Growth
TH		2.7	%		4.2	%
BK		6.1	%		6.6	%
PLK		7.6	%		5.9	%
System Restaurant Count at Period End
TH		4,805			4,680
BK		17,239			16,253
PLK		3,022			2,809

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 franchise 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.

The following information was filed by Restaurant Brands International Limited Partnership (RSTRF) on Wednesday, October 24, 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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Restaurant Brands International Limited Partnership's Definitive Proxy Statement (Form DEF 14A) filed after their 2018 10-K Annual Report includes:

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Restaurant Brands International Limited Partnership provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: RSTRF
CIK: 1618755
Form Type: 10-Q Quarterly Report
Accession Number: 0001618755-18-000028
Submitted to the SEC: Wed Oct 24 2018 4:10:35 PM EST
Accepted by the SEC: Wed Oct 24 2018
Period: Sunday, September 30, 2018
Industry: Retail Eating Places

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Restaurant Brands International Limited Partnership (RSTRF) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

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