Restaurant Brands International — May 6, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001618756-26-000025
Showing in the filing
Segment G&A (excluding RH) for 2026
“between $600 million and $620 million”
Period
FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 16
Share repurchases for FY2026
“$500 million”
Organic Adjusted Operating Income growth for FY2026
“8%+”
Organic Adjusted Operating Income growth for FY2024
“8%+”
Reclaim the Flame plan investment for FY2028
“up to $700 million”
Royal Reset investments planned
“up to $550 million”
Dividend for Q2 FY2026
“$0.65 per common share and partnership exchangeable unit”
Dividend per common share and partnership ex… for Q2 FY2026
“$0.65”
Segment G&A (excluding RH) for 2026 for FY2026
“between $600 million and $620 million”
RH AOI for FY2026
“approximately $10 to $20 million”
Adjusted Interest Expense, net for FY2026
“between $500 million and $520 million”
Consolidated capital expenditures, tenant in… for FY2026
“around $400 million”
Total Capex and Cash Inducements for FY2026
“around $400 million”
Comparable Sales for FY2024
“3%+”
Net Restaurant Growth
“5%+”
Net Restaurant Growth for the long term
“5%+”
Discrete income tax benefit for FY2026
“approximately $170 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
Subsequent Events Subsequent to March 31, 2026 through April 30, 2026, we repurchased 337,204 of our common shares for $26 million and as of April 30, 2026 had $940 million remaining under the share repurchase authorization. 2026 Financial Guidance For 2026, RBI expects: • Segment G&A (excluding RH) for 2026 between $600 million and $620 million; • RH AOI of approximately $10 to $20 million; • Adjusted Interest Expense, net between $500 million and $520 million; and • Consolidated capital expenditures, tenant inducements and incentives (including RH), or "Total Capex and Cash Inducements" of around $400 million. Long-Term Algorithm RBI continues to expect the following long-term consolidated performance on average, from 2024 to 2028: • 3%+ Comparable Sales; and • 8%+ organic Adjusted Operating Income growth. In addition, the Company continues to expect to reach 5%+ Net Restaurant Growth towards the end of its algorithm period. Investor Conference Call We will host an investor conference call and webcast at 8:30 a.m. Eastern Time on Wednesday, May 6, 2026, to review financial results for the first quarter ended March 31, 2026. The earnings call will be broadcast live via our investor relations website at http://rbi.com/investors and a replay will be available for a limited time 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: 297863. Contacts In
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.