8-K
Restaurant Brands International Limited Partnership (RSTRF)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 15, 2022
RESTAURANT BRANDS INTERNATIONAL INC.
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP
(Exact name of registrant as specified in its charter)
| Canada | 001-36786 | 98-1202754 |
|---|---|---|
| Ontario | 001-36787 | 98-1206431 |
| (State or other jurisdiction of | (Commission | (I.R.S. Employer |
| incorporation) | File Number) | Identification No.) |
| 130 King Street West, Suite 300 | M5X 1E1 | |
| --- | --- | --- |
| Toronto, | Ontario | |
| (Address of Principal Executive Offices) | (Zip Code) |
(905) 339-6011
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
| Securities registered pursuant to Section 12(b) of the Act: | ||
|---|---|---|
| Title of each class | Trading Symbols | Name of each exchange on which registered |
| Common Shares, without par value | QSR | New York Stock Exchange |
| Securities registered pursuant to Section 12(g) of the Act: | ||
| Title of each class | Trading Symbols | Name of each exchange on which registered |
| Class B exchangeable limited partnership units | QSP | Toronto Stock Exchange |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD.
Restaurant Brands International Inc. (the Company) intends to share the following information, or portions thereof, with investors.
2021 Quarterly Metrics for Firehouse Subs. Shown for informational purposes only, consistent with its fiscal calendar.
| Q2 2021 | Q3 2021 | Q4 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| System-wide Sales Growth | |||||||||||
| U.S. (a) | 25.6 | % | 36.8 | % | 18.5 | % | 17.7 | % | |||
| Canada | 72.2 | % | 71.4 | % | 39.8 | % | 26.9 | % | |||
| Global | 27.0 | % | 37.9 | % | 19.3 | % | 18.1 | % | |||
| System-wide Sales (in US millions) | |||||||||||
| U.S. (a) | 244 | $ | 274 | $ | 266 | $ | 260 | ||||
| Canada | 10 | $ | 12 | $ | 12 | $ | 13 | ||||
| Global | 254 | $ | 286 | $ | 278 | $ | 273 | ||||
| Net Restaurant Growth | |||||||||||
| U.S. (a) | 1.1 | % | 1.6 | % | 1.1 | % | 1.0 | % | |||
| Canada | 24.2 | % | 33.3 | % | 32.4 | % | 19.5 | % | |||
| Global | 1.7 | % | 2.5 | % | 2.0 | % | 1.6 | % | |||
| System Restaurant Count at Period End | |||||||||||
| U.S. (a) | 1,157 | 1,159 | 1,155 | 1,164 | |||||||
| Canada | 41 | 44 | 49 | 49 | |||||||
| Global | 1,198 | 1,203 | 1,204 | 1,213 | |||||||
| Comparable Sales | |||||||||||
| U.S. (a) | 23.9 | % | 31.3 | % | 15.2 | % | 15.2 | % | |||
| Canada | 32.2 | % | 30.7 | % | 8.3 | % | 2.5 | % | |||
| Global | 24.2 | % | 31.2 | % | 14.9 | % | 14.7 | % |
All values are in US Dollars.
(a) U.S. figures include Puerto Rico.
Item 9.01 Financial Statements and Exhibits
| Exhibit<br>Number | Description |
|---|---|
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| RESTAURANT BRANDS INTERNATIONAL INC.<br><br>RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP, by its general partner RESTAURANT BRANDS INTERNATIONAL INC. | ||
|---|---|---|
| Date: February 15, 2022 | /s/ Matthew Dunnigan | |
| Name: | Matthew Dunnigan | |
| Title: | Chief Financial Officer |