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Restaurant Brands International Reports Strong 2024 Growth

Restaurant Brands International Reports Strong 2024 Growth

Restaurant Brands International ( (QSR) ) has released its Q4 earnings. Here is a breakdown of the information Restaurant Brands International presented to its investors.

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Restaurant Brands International Inc. (RBI) is a leading global quick service restaurant company, owning iconic brands like Tim Hortons, Burger King, Popeyes, and Firehouse Subs, with operations across more than 120 countries. In its latest earnings report, RBI reported a 5.6% increase in global system-wide sales for the fourth quarter of 2024 and a 5.4% increase for the full year. The company also saw a substantial 17.9% year-over-year growth in income from operations. RBI returned approximately $1.0 billion to shareholders in 2024 and announced a target of $2.48 in dividends per share for 2025. Key highlights from the report include a 35.4% growth in income from operations in Q4, and a 9% organic growth in adjusted operating income for the year. The company also completed strategic acquisitions of Carrols Restaurant Group and Popeyes China, enhancing its operational base. Looking forward, RBI’s management remains optimistic about enhancing guest experiences and driving long-term growth through marketing and operational improvements.

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