Restaurant Brands International Q3 2024 10-Q Filing

Ticker: QSR · Form: 10-Q · Filed: 2024-11-05T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, earnings, restaurants, financials

TL;DR

**RBI Q3 24 10-Q FILED: Check financials for Burger King, Tim Hortons, Popeyes, Firehouse Subs.**

AI Summary

Restaurant Brands International Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter of 2024, detailing financial performance and operational updates for its portfolio of quick-service restaurant brands. Key financial figures and business segment information are presented for the reporting period and comparative periods.

Why It Matters

This filing provides investors and analysts with the latest financial results and operational details for Restaurant Brands International, influencing investment decisions and market perception.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal risks related to revenue, debt, or market conditions.

Key Numbers

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The reporting period for this 10-Q filing is the quarter ended September 30, 2024.

When was this 10-Q filed with the SEC?

This 10-Q was filed on November 5, 2024.

What are the primary brands operated by Restaurant Brands International?

Restaurant Brands International operates brands including Burger King, Tim Hortons, Popeyes, and Firehouse Subs.

What is the fiscal year end for Restaurant Brands International?

The fiscal year end for Restaurant Brands International is December 31.

What is the SIC code for Restaurant Brands International?

The Standard Industrial Classification (SIC) code for Restaurant Brands International is 5812, which corresponds to Retail-Eating Places.

From the Filing

0001618756-24-000190.txt : 20241105 0001618756-24-000190.hdr.sgml : 20241105 20241105155601 ACCESSION NUMBER: 0001618756-24-000190 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 98 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241105 DATE AS OF CHANGE: 20241105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Restaurant Brands International Inc. CENTRAL INDEX KEY: 0001618756 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36786 FILM NUMBER: 241427301 BUSINESS ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5X 1E1 BUSINESS PHONE: (905) 845-6511 MAIL ADDRESS: STREET 1: 130 KING STREET WEST STREET 2: SUITE 300 CITY: TORONTO STATE: A6 ZIP: M5X 1E1 FORMER COMPANY: FORMER CONFORMED NAME: 9060669 Canada Inc. DATE OF NAME CHANGE: 20141028 FORMER COMPANY: FORMER CONFORMED NAME: 1011773 B.C. Unlimited Liability Co DATE OF NAME CHANGE: 20140905 10-Q 1 qsr-20240930.htm 10-Q qsr-20240930 false 2024 Q3 0001618756 12/31 3 1 1 1 1 1 http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherAccruedLiabilitiesCurrent xbrli:shares iso4217:USD iso4217:USD xbrli:shares qsr:restaurant qsr:country xbrli:pure qsr:subsidiary iso4217:CAD iso4217:EUR qsr:director qsr:brand qsr:segment 0001618756 2024-01-01 2024-09-30 0001618756 us-gaap:CommonClassAMember 2024-10-30 0001618756 qsr:PartnershipsWithExchangeableUnitsMember 2024-10-30 0001618756 2024-09-30 0001618756 2023-12-31 0001618756 2023-01-01 2023-12-31 0001618756 us-gaap:SalesChannelThroughIntermediaryMember us-gaap:ProductMember 2024-07-01 2024-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember us-gaap:ProductMember 2023-07-01 2023-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember us-gaap:ProductMember 2024-01-01 2024-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember us-gaap:ProductMember 2023-01-01 2023-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember us-gaap:ProductMember 2024-07-01 2024-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember us-gaap:ProductMember 2023-07-01 2023-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember us-gaap:ProductMember 2024-01-01 2024-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember us-gaap:ProductMember 2023-01-01 2023-09-30 0001618756 qsr:RoyaltyPropertyRevenueandFranchisorMember 2024-07-01 2024-09-30 0001618756 qsr:RoyaltyPropertyRevenueandFranchisorMember 2023-07-01 2023-09-30 0001618756 qsr:RoyaltyPropertyRevenueandFranchisorMember 2024-01-01 2024-09-30 0001618756 qsr:RoyaltyPropertyRevenueandFranchisorMember 2023-01-01 2023-09-30 0001618756 us-gaap:AdvertisingMember 2024-07-01 2024-09-30 0001618756 us-gaap:AdvertisingMember 2023-07-01 2023-09-30 0001618756 us-gaap:AdvertisingMember 2024-01-01 2024-09-30 0001618756 us-gaap:AdvertisingMember 2023-01-01 2023-09-30 0001618756 2024-07-01 2024-09-30 0001618756 2023-07-01 2023-09-30 0001618756 2023-01-01 2023-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember 2024-07-01 2024-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember 2023-07-01 2023-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember 2024-01-01 2024-09-30 0001618756 us-gaap:SalesChannelThroughIntermediaryMember 2023-01-01 2023-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember 2024-07-01 2024-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember 2023-07-01 2023-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember 2024-01-01 2024-09-30 0001618756 us-gaap:SalesChannelDirectlyToConsumerMember 2023-01-01 2023-09-30 0001618756 us-gaap:CommonStockMember 2023-12-31 0001618756 us-gaap:RetainedEarningsMember 2023-12-31 0001618756 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001618756 us-gaap:NoncontrollingInterestMember 2023-

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