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RBI: Reports Third Quarter 2019 Results

Oakville / CA. (rbi) Restaurant Brands International Inc. (RBI) reported financial results for the third quarter ended September 30, 2019.

Chief Executive Officer Jose Cil: «During the third quarter, we grew system-wide sales nearly 9 percent through a combination of strong global comparable sales growth and restaurant expansion. At Burger King, we continue to see exciting growth around the world, with our system-wide sales increasing approximately 15 percent internationally for the quarter and the successful launch of our Impossible Whopper driving 5 percent comparable sales growth in the US, our strongest level since 2015. Popeyes had one of its best quarters in nearly two decades, achieving comparable sales growth of more than 10 percent in the US. At Tim Hortons, although we had a challenging quarter, we remain confident in the pillars of our Winning Together Plan and are excited about the long-term growth prospects of the Tims brand and business in Canada.»

For additional information please read RBI’s PDF file below (1’524 KB):