Restaurant Brands International Limited Partnership (RSTRF) SEC Filing 10-Q Quarterly report for the period ending Sunday, March 31, 2019

Earnings Press Release
10-Q Quarterly Report
10-Q QoQ Changes
Restaurant Brands International Limited
Ticker: RSTRF CIK: 1618755

EXHIBIT 99

Restaurant Brands International Inc Reports First Quarter 2019 Results

BURGER KING® and POPEYES® deliver strong system-wide sales growth and continue expanding global restaurant footprint

TIM HORTONS® continues to deliver on Winning Together Plan, launches loyalty program with strong engagement

Toronto, Ontario – April 29, 2019 – Restaurant Brands International Inc. (TSX/NYSE: QSR, TSX: QSP) today reported financial results for the first quarter ended March 31, 2019.

Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. ("RBI") commented, "At BURGER KING® and POPEYES®, we saw strong system-wide sales growth driven by net restaurant growth, reflecting the strength of our brands and business model around the world. Underlying fundamentals at TIM HORTONS® remain strong and we are excited about our first three restaurants in China. Overall, we are confident in the long-term growth prospects for each of our three iconic brands, and remain focused on providing a great guest experience while driving franchisee profitability."



Consolidated Operational Highlights	Three Months Ended March 31,
	2019			2018
	(Unaudited)
System-wide Sales Growth
TH		0.5	%		2.1	%
BK		8.2	%		11.3	%
PLK		6.8	%		10.9	%
Consolidated		6.4	%		9.2	%
System-wide Sales (in US$ millions)
TH	$	1,547		$	1,608
BK	$	5,289		$	5,149
PLK	$	955		$	903
Consolidated	$	7,791		$	7,660
Net Restaurant Growth
TH		1.9	%		2.8	%
BK		5.7	%		6.9	%
PLK		6.6	%		6.7	%
Consolidated		5.1	%		6.1	%
System Restaurant Count at Period End
TH		4,866			4,774
BK		17,823			16,859
PLK		3,120			2,926
Consolidated		25,809			24,559
Comparable Sales
TH		(0.6	)%		(0.3	)%
BK		2.2	%		3.8	%
PLK		0.6	%		3.2	%

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 Monday, April 29, 2019 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.

View differences made from one quarter to another to evaluate Restaurant Brands International Limited Partnership's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ) — *Sample 10-K Year-over-Year (YoY) Comparison*

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were ~~removed~~ , added and changed by Restaurant Brands International Limited Partnership.

Continue

Please wait while we load the requested 10-Q report or click the link below:

https://last10k.com/sec-filings/report/1618755/000161875519000010/qsp_2019331x10q.htm