Restaurant Brands International Inc (QSR)

[MCArmel1]

Restaurant Brands EPS of -$2.52

Feb 17 2015, 07:12 ET | About: Restaurant Brands Internat... (QSR) | By: Mamta Mayani, SA News Editor

Restaurant Brands (NYSE:QSR): Q4 EPS of -$2.52 may not be comparable to consensus of $0.25.
Revenue of $416.3M (+57.0% Y/Y)
Press Release

http://seekingalpha.com/news/2300606-restaurant-brands-eps-of-2_52?auth_param=ano5b:1ae6c3c:dcc3a04f724e484ef0d32f7494f36608&uprof=45#email_link


Restaurant Brands International Reports Full Year and Fourth Quarter 2014 Results
Tue February 17, 2015 7:00 AM|PR Newswire | About: QSR

OAKVILLE, ON, Feb. 17, 2015 /PRNewswire/ - Restaurant Brands International Inc. (QSR) today reported financial results for the full year and fourth quarter ended December 31, 2014.

Restaurant Brands International (RBI) Chief Executive Officer, Daniel Schwartz commented, "Positive business momentum in the fourth quarter capped a transformational year for our company. Both the TIM HORTONS® and BURGER KING® brands continue to deliver positive comparable sales growth and best in class net restaurant growth. With the creation of Restaurant Brands International, a new global powerhouse in the quick-service restaurant industry, we believe both brands are well positioned for long-term sustainable growth and we are excited to introduce the iconic TIM HORTONS® brand to the rest of the world."

Full Year 2014 Highlights:
• Tim Hortons (TH) comparable sales increased 3.1% and Burger King (BK) comparable sales increased 2.1%
•Delivered 186 net restaurant growth (NRG) at TH and 705 NRG at BK
•System-wide sales grew 6.6% at TH and 6.8% at BK in constant currency
•TH Adjusted EBITDA grew 10.5% on an organic basis to $816 million
•BK Adjusted EBITDA grew 11.5% on an organic basis to $726 million
•Paid Burger King Worldwide Inc. dividends of $0.30 per share or approximately $106 million

Fourth Quarter 2014 Highlights:
•TH comparable sales increased 4.1% and BK comparable sales increased 3.0%
•Delivered 81 NRG at TH and 412 NRG at BK
•System-wide sales grew 7.4% at TH and 7.7% at BK in constant currency
•TH Adjusted EBITDA grew 10.2% on an organic basis to $209 million
•BK Adjusted EBITDA grew 8.8% on an organic basis to $189 million

More...

http://seekingalpha.com/pr/12529936-restaurant-brands-international-reports-full-year-and-fourth-quarter-2014-results