Driven by Menu Innovation, Exceptional Marketing Restaurant Brands International Reports Strong Q2

Owner of Tim Hortons, Burger King and Popeyes, Restaurant Brands International Inc has recorded a robust Q2 with consolidated system wide sales growth of 14% plus year over year generating over $40 billion and a 10% plus global comparable sales increase.

RBI also owns Firehouse Subs.

As per the release, Restaurant Brands Inc crossed the 30,000 restaurant mark.

The brand recorded net income of $351 million versus $346 million in 2022.

It also posted adjusted EBITDA of $665 million increased 10.3% organically versus last year. 

"I am very proud of the continued performance of our teams and our franchisees who helped drive 14% growth in system wide sales and another quarter of improved franchisee profitability. We are generating positive momentum and results behind each of our iconic brands by focusing on new menu innovations, supported by exceptional marketing and operations,” shared CEO Josh Kobza by adding that the team is very motivated by the significant growth opportunities ahead of them in their home markets and around the world.

Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with more than $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries.