HighGravityData

Restaurant Brands International — Feb 12, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001618756-25-000076
Open on SEC.gov ↗
Showing in the filing
System-wide Sales growth
“8%+”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 13
Target total dividends per common share and … for FY2025
“$2.48”
Burger King Reclaim the Flame investment for FY2028
“up to $700 million”
Royal Reset investments planned
“up to $550 million”
Dividend for Q1 FY2025
“$0.62 per common share and partnership exchangeable unit”
Dividend per common share and partnership ex… for Q1 FY2025
“$0.62”
Segment G&A (excluding RH) for 2025 for FY2025
“between $650 million and $670 million”
RH Segment G&A for 2025 for FY2025
“approximately $100 million”
Adjusted Interest Expense, net for FY2025
“between $500 million and $520 million”
Consolidated capital expenditures, tenant in… for FY2025
“between $400 million and $450 million”
Comparable Sales for FY2024
“3%+”
Net Restaurant Growth for FY2024
“5%+”
System-wide Sales growth for FY2024
“8%+”
Adjusted Operating Income growth for FY2024
“at least as fast as system-wide sales growth”
Exhibit 99.1 · the passage around this item
… earlier in the release
Long-Term Algorithm On February 15, 2024, RBI announced the following long-term consolidated performance that the Company expects 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. Net Restaurant Growth expectations may be reassessed following a resolution of the ongoing situation with the Burger King China master franchisee. Investor Conference Call We will host an investor conference call and webcast at 8:30 a.m. Eastern Time on Wednesday, February 12, 2025, to review financial results for the full year and fourth quarter ended December 31, 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 (833) 470-1428 for U.S. callers, (833) 950-0062 for Canadian callers, and (929) 526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 533174. Contacts Investors: investor@rbi.com Media: media@rbi.com About Restaurant Brands International Inc. Restaurant Brands International Inc. (“RBI”) is one of the world’s largest quick service restaurant companies with nearly $45 billion in annual system-wide sales and over 30,000 restaurants in more than 120 countries and territo
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.