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Home market franchisee profitability increases 30% year-over-year, on average Global system-wide sales grow nearly 10% for the fourth quarter and over 12% for 2023 Comparable sales up nearly 6% in Q4, led by over 8% growth at Tim Hortons Canada and over 6% at Burger King US
Digital sales grow over 20% year-over-year to $14 billion in 2023, representing over a third of system-wide sales
Nearly $1.5 billion of capital returned to shareholders in 2023 while investing for growth and reducing net leverage
TORONTO, Feb. 13, 2024 /PRNewswire/ - Restaurant Brands International Inc. ("RBI") (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the full year and fourth quarter ended December 31, 2023. Josh Kobza, Chief Executive Officer of RBI commented, "We are delivering better experiences for our guests, better profitability for our franchisees and are making the right long-term investments behind the growth of our brands. We have started 2024 with a foundation of strong operational performance and I'm thankful to all our teams, franchisees and their team members who work so hard to make us successful." Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2023 Results (prnewswire.com)
