Earnings ·
Reports Q3 diluted EPS of $1.54 as global comparable sales rise 3.8%
RSTRFRestaurant Brands International Limited Partnership
Restaurant Brands International reported third-quarter results with consolidated revenues of $2.5 billion and net income from continuing operations of $704 million, or $1.54 per diluted share. Global comparable sales grew 3.8%, driven by an 8.4% increase at Burger King US and steady growth in international markets. Adjusted operating income rose to $737 million, reflecting organic growth of 6.7%. The company returned $1.3 billion to shareholders year-to-date through dividends and share repurchases and declared a quarterly dividend of $0.65 per share for the fourth quarter. Restaurant Brands International is one of the world's largest quick service restaurant companies, owning Tim Hortons, Burger King, Popeyes, and Firehouse Subs.