14 August 2024
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Global Industry

RBI: Reports Second Quarter 2024 Results

Toronto / CA. (rbi) Restaurant Brands International Inc. (RBI) reported financial results for the second quarter ended June 30, 2024. CEO Josh Kobza: «I am proud of our teams and franchisees who are delivering compelling value to guests every day through excellent food and beverages, outstanding service and improved convenience. Our priorities and balance of thoughtful investments with cost discipline allow us to navigate consumer pressures and drive sustainable results for our business and franchisees.»

Second Quarter 2024 Highlights

  • Consolidated comparable sales increased 1.9 percent and net restaurants grew 4.0 percent versus the prior year
  • System-wide sales increased 5.0 percent year-over-year
  • Income from Operations of USD 663 million versus USD 554 million in the prior year
  • Net Income of USD 399 million versus USD 351 million in prior year
  • Diluted EPS was USD 0.88 versus USD 0.77 in prior year
  • Adjusted Operating Income of USD 632 million increased 9.3 percent organically versus the prior year
  • Adjusted Diluted EPS of USD 0.86 increased 3.1 percent organically versus the prior year

For additional information please read the Company’s PDF file below (173 KB):

20240810-RBI-Q22024.


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