Restaurant brands international inc. introduces five-year growth outlook
Outlook delivers 40,000 restaurants, $60b in system-wide sales and $3.2b in adjusted operating income by 2028 average annual 3%+ comparable sales and 5%+ net restaurant growth to drive 8%+ system-wide sales growth efficient flow through expected to result in average annual adjusted operating income growth of 8%+ efficient capital allocation with a focus on high return business investments and consistent dividend growth toronto , feb. 15, 2024 /prnewswire/ - restaurant brands international inc. ("rbi", "company") (tsx: qsr) (nyse: qsr) (tsx: qsp) chief executive officer, josh kobza, and executive chairman, patrick doyle, today shared their confidence in the long-term global growth outlook for tim hortons, burger king, popeyes and firehouse subs. mr. kobza provided guidance for investors that the company expects to achieve a minimum of 40,000 restaurants, $60b in system-wide sales and $3.2b in adjusted operating income by 2028 by delivering average annual results over the next five years of 3% plus comparable sales, 5% plus net restaurant growth and 8% plus system-wide sales growth translating to at least 8% adjusted operating income growth.
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