Restaurant Brands International — Aug 7, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001618756-25-000289
Showing in the filing
Share repurchase authorization
“up to $1 billion”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 14
Organic Adjusted Operating Income growth for FY2025
“8%+”
Organic Adjusted Operating Income growth (lo… for the long term
“8%+”
Reclaim the Flame total planned investment for FY2028
“up to $700 million”
Royal Reset planned investments for FY2028
“up to $550 million”
Dividend for Q3 FY2025
“$0.62 per common share and partnership exchangeable unit”
Dividend per common share and partnership ex… for Q3 FY2025
“$0.62”
Share repurchase authorization for FY2025
“up to $1 billion”
Segment G&A (excluding RH) for 2025 for FY2025
“between $600 million and $620 million”
RH Segment G&A for 2025 for FY2025
“approximately $100 million”
Consolidated capital expenditures, tenant in… for FY2025
“between $400 million and $450 million”
Total Capex and Cash Inducements for FY2025
“between $400 million and $450 million”
Adjusted Interest Expense, net for FY2025
“around $520 million”
Comparable Sales (long-term algorithm) for the long term
“3%+”
Net Restaurant Growth
“5%+”
Exhibit 99.1 · the passage around this item
… earlier in the release
The dividend will be payable on October 7, 2025 to shareholders and unitholders of record at the close of business on September 23, 2025. Share Repurchase Authorization Our board of directors approved a share repurchase authorization that allows us to repurchase up to $1 billion of our common shares from September 15, 2025 until September 30, 2027 (the “Repurchase Authorization”). Effective as of September 15, 2025, this Repurchase Authorization will replace our prior two-year authorization to repurchase up to the same $1 billion of our common shares until September 30, 2025. Repurchases, if any, under the Repurchase Authorization will be funded using RBI's cash resources and all shares repurchased will be cancelled. We plan to submit a new normal course issuer bid, subject to TSX approval, to be effective as of or following the expiration of the current one in September 2025. While this authorization preserves our capital allocation flexibility, we remain committed to prioritizing debt reduction in the near term. 2025 Financial Guidance For 2025, RBI continues to expect: • Segment G&A (excluding RH) for 2025 between $600 million and $620 million; • RH Segment G&A for 2025 of approximately $100 million; and • Consolidated capital expenditures, tenant inducements and incentives (including RH), or "Total Capex and Cash Inducements" between $400 million and $450 million. For 2025, RBI now expects Adjusted Interest Expense, net of around $520 million. Long-Te
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.