Restaurant Brands (QSR) tops Q4 estimates amid robust Tim Hortons sales growth

Go back to Restaurant Brands (QSR) tops Q4 estimates amid robust Tim Hortons sales growth

Restaurant Brands International Inc. Reports Full Year and Fourth Quarter 2023 Results

February 13, 2024 6:30 AM EST

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... More