Oakville / CA. (rbi) Restaurant Brands International Inc. (RBI) is hosting its first investor day in New York City to outline growth plans for «Burger King», «Tim Hortons» and «Popeyes», including plans to grow from approximately 26,000 restaurants to more than 40,000 restaurants globally over the next 8-10 years. This will make Restaurant Brands International one of the largest restaurant companies in the world. Overview:
- RBI presents growth plans to investors in New York City
- 40,000 restaurants will make RBI one of the largest restaurant companies in the world
- Highlights substantial runway for future sales growth in home markets and around the world
- Coffee, burger and chicken QSR markets expected to grow 5-6 percent per year for the next 5 years
- Strength of global master franchise network expected to drive long-term expansion
- Compelling financial model designed to generate strong growth and shareholder returns
RBI is well-positioned to take advantage of compelling long-term growth in the global quick service restaurant (QSR) market, with the 5-year outlook for growth in the global burger market expected to be 5 percent annually and growth in the global coffee and chicken markets expected to be 6 percent annually.
Over the past few years, RBI has built a master franchise network in global markets to drive significant growth in its restaurant brands, resulting in the expansion of its restaurant base from approximately 12,000 in 2010 to nearly 26,000 today, growing system-wide sales from ~USD 15 billion to over ~USD 32 billion in the same time period.
Jose Cil, Chief Executive Officer of Restaurant Brands International Inc. (RBI) commented, «RBI is fundamentally a growth company, with three amazing, iconic brands that we believe have a very long runway for growth – both at home and around the world. We have a proven history of generating very strong returns for our shareholders and we are excited to share more insight than we ever have before to support our belief that all three brands have substantial growth ahead.»
About Restaurant Brands International Inc.
Restaurant Brands International Inc. (RBI) is one of the world’s largest quick service restaurant companies with ~USD 32 billion in system-wide sales and ~26,000 restaurants in over 100 countries and U.S. territories. RBI owns three of the world’s most prominent and iconic quick service restaurant brands – «Tim Hortons», «Burger King», and «Popeyes». These independently operated brands have been serving their respective guests, franchisees and communities for over 45 years.
About «Tim Hortons»
Tim Hortons is one of North America’s largest restaurant chains operating in the quick service segment. Founded as a single location in Canada in 1964, Tim Hortons appeals to a broad range of guest tastes, with a menu that includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos and espresso shots), specialty teas and fruit smoothies, fresh baked goods, grilled Panini and classic sandwiches, wraps, soups, prepared foods and other food products. Tim Hortons has more than 4,800 system wide restaurants located in Canada, the United States and around the world.
About «Burger King»
Founded in 1954, the Burger King brand is the second largest fast food hamburger chain in the world. The original «home of the whopper», the «Burger King» system operates ~18,000 locations in more than 100 countries and U.S. territories. Almost 100 percent of «Burger King» restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades.
Founded in New Orleans in 1972, Popeyes has more than 45 years of history and culinary tradition. «Popeyes»distinguishes itself with a unique New Orleans style menu featuring spicy chicken, chicken tenders, fried shrimp, and other regional items. The chain’s passion for its Louisiana heritage and flavorful authentic food has allowed «Popeyes» to become one of the world’s largest chicken quick service restaurants with over 3,100 restaurants in the U.S. and around the world.