Restaurant Brands InternationalInc.(” RBI”,” the company”)( TSX QSR)( NYSE QSR)( TSX QSP) moment blazoned a shift in its reportable parts. In addition, RBI blazoned crucial 2024 dates, including an forthcoming Investor Event on February 15, 2024, and primary 2024 earnings call dates.
As previewed during RBI’s third quarter 2023 earnings conference call, the company will report results under five reportable parts( 1) Tim Hortons(” TH”);( 2) Burger King(” BK”);( 3) Popeyes Louisiana Kitchen(” PLK”);( 4) Firehouse Subs(” FHS”); and( 5) International(” INTL”). The TH, BK, PLK and FHS parts include results from each brands’ operations in the United States and Canada. INTL includes consolidated results from each brands’ operations outside of the United States and Canada. This shift in reportable parts reflects how RBI’s leadership intends to oversee and manage the business going forward. The company will report under these parts beginning with its results for the fourth quarter and time ended December 31, 2023.
The company will give supplemental unaudited information containing 11 diggings( from the first quarter of 2021 through the third quarter of 2023) of literal fiscal and functional criteria for these five reportable parts in a press release and Form 8- K to be published January 8, 2024. RBI’ll continue to give crucial functional criteria by brand for their separate home requests and consolidated transnational requests. The supplemental unaudited literal business member information doesn’t represent a paraphrase or reissuance of preliminarily issued fiscal statements and relates entirely to member donation with no effect on preliminarily reported consolidated results.
The company will be available to bandy any questions related to the shift in member reporting following the release through January 19, 2024.
The company will host a meeting with Chief Executive Officer, Josh Kobza, and Administrative president, Patrick Doyle, on Thursday, February 15, 2024, starting at 100p.m. Eastern Time. The event will give investors with the occasion to hear directly fromMessrs. Kobza and Doyle about their views of the business roughly one time into their separate places. A live webcast of the donation will be available on the company’s investor relations website and a renewal will be available for 30 days following the event.
2024 Reporting timetable
RBI expects to report earnings on the following dates in 2024
February 13, 2024 Fourth quarter and time ended December 31, 2023
April 30, 2024 First quarter ended March 31, 2024
August 8, 2024 Alternate quarter ended June 30, 2024
November 5, 2024 Third quarter ended September 30, 2024
For each of these earnings calls, the company will give conference call dial- in information via a separate press release closer to the event.
Restaurant Brands InternationalInc. is one of the world’s largest quick service eatery companies with over$ 40 billion in periodic system-wide deals and over 30,000 caffs
in further than 100 countries. RBI owns four of the world’s most prominent and iconic quick service eatery brands – TIM HORTONS ®, BURGER KING ®, POPEYES ®, and FIREHOUSE SUBS ®. These singly operated brands have been serving their separate guests, franchisees and communities for decades. Through its Restaurant Brands for Good frame, RBI is perfecting sustainable issues related to its food, the earth, and people and communities.
Source Link:https://www.rbi.com/
