HighGravityDataRestaurant Brands International — Nov 5, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001618756-24-000187
Showing in the filing
Adjusted Operating Income growth (long-term)
“at least as fast as system-wide sales growth”
Period
The long term
Measure
Company-defined measure
Source
Prose
All guidance in this release · 14
Organic Adjusted Operating Income growth for FY2024
“8%+”
Burger King Royal Reset 2.0 remodel investment for FY2025
“an additional $300 million”
Royal Reset 2.0 program investment in remodels for FY2025
“an additional $300 million”
Burger King modern image goal for FY2028
“85% to 90%”
Dividend for Q4 FY2024
“$0.58 per common share and partnership exchangeable unit”
Dividend per common share and partnership ex… for Q4 FY2024
“$0.58”
Adjusted Interest Expense, net for FY2024
“between $565 million and $575 million”
Consolidated capital expenditures, tenant in… for FY2024
“approximately $300 million”
Segment G&A (excluding RH) for FY2024
“between $640 million and $650 million”
Share-based compensation and non-cash incent… for FY2024
“between $170 million and $175 million”
Comparable Sales (long-term) for the long term
“3%+”
Net Restaurant Growth (long-term) for the long term
“5%+”
System-wide Sales growth (long-term) for the long term
“8%+”
Adjusted Operating Income growth (long-term) for the long term
“at least as fast as system-wide sales growth”
Exhibit 99.1 · the passage around this item
… earlier in the release
Long-Term Guidance RBI hosted an investor event on February 15, 2024 and announced the following long-term consolidated performance that the Company continues to expect to achieve, on average, from 2024 to 2028: • 3%+ Comparable Sales; • 5%+ Net Restaurant Growth; • 8%+ System-wide Sales growth; and • Adjusted Operating Income growth at least as fast as system-wide sales growth. Investor Conference Call We will host an investor conference call and webcast at 8:45 a.m. Eastern Time on Tuesday, November 5, 2024, to review financial results for the third quarter ended September 30, 2024. The earnings call will be broadcast live via our investor relations website at http://rbi.com/investors and a replay will be available for 30 days following the release. The dial-in number is 1 (833)-470-1428 for U.S. callers, 1 (833)-950-0062 for Canadian callers, and 1 (929)-526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 309027. For further information: Investors: investor@rbi.com ; Media : media@rbi.com About Restaurant Brands International Inc. Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 120 countries and territories. RBI owns four of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communitie
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.