Restaurant Brands International Limited Partnership 8-K, filed Jun 2, 2021

Restaurant Brands International Limited Partnership (RSTRF)

8-K 2021-06-02 For: 2021-06-02

Added on April 11, 2026

About this 8-K

Restaurant Brands International Limited Partnership filed this 8-K on June 2, 2021.


130 King Street West, Suite 300		M5X 1E1
Toronto,	Ontario
(Address of Principal Executive Offices)		(Zip Code)


Consolidated	Three months ended								Year ended
	Mar. 31		June 30		Sep. 30		Dec. 31		Dec. 31
Revenues:
Sales	$	503	$	406	$	541	$	563	$	2,013
Franchise and property revenues	525		450		577		569		2,121
Advertising revenues	197		192		219		226		834
Total revenues	1,225		1,048		1,337		1,358		4,968
Operating costs and expenses:
Cost of sales	399		339		418		454		1,610
Franchise and property expenses	123		132		125		135		515
Advertising expenses	226		203		209		232		870
General and administrative expenses	102		94		96		115		407
(Income) loss from equity method investments	2		16		18		3		39
Other operating expenses (income), net	(16)		21		54		46		105
Total operating costs and expenses	836		805		920		985		3,546
Income from operations	389		243		417		373		1,422
Interest expense, net	119		128		129		132		508
Loss on early extinguishment of debt	—		—		—		98		98
Income before income taxes	270		115		288		143		816
Income tax expense	46		(49)		65		4		66
Net income	$	224	$	164	$	223	$	139	$	750


TH Segment	Three months ended								Year ended
	Mar. 31		June 30		Sep. 30		Dec. 31		Dec. 31
Revenues:
Sales	$	465	$	374	$	506	$	531	$	1,876
Franchise and property revenues	188		154		205		198		745
Advertising revenues	46		39		51		53		189
Total revenues	699		567		762		782		2,810
Cost of sales	366		307		388		423		1,484
Franchise and property expenses	81		81		80		86		328
Advertising expenses	65		43		46		50		204
Segment G&A	25		20		20		28		93
Segment depreciation and amortization (a)	26		28		28		31		113
Segment income (b)	189		147		258		229		823


BK Segment	Three months ended								Year ended
	Mar. 31		June 30		Sep. 30		Dec. 31		Dec. 31
Revenues:
Sales	$	17	$	15	$	17	$	15	$	64
Franchise and property revenues	273		233		305		302		1,113
Advertising revenues	98		99		111		117		425
Total revenues	388		347		433		434		1,602
Cost of sales	17		16		16		16		65
Franchise and property expenses	39		48		42		47		176
Advertising expenses	108		105		105		124		442
Segment G&A	37		30		37		42		146
Segment depreciation and amortization (a)	12		12		13		12		49
Segment income	200		160		245		218		823


PLK Segment	Three months ended								Year ended
	Mar. 31		June 30		Sep. 30		Dec. 31		Dec. 31
Revenues:
Sales	$	21	$	17	$	18	$	17	$	73
Franchise and property revenues	64		63		67		69		263
Advertising revenues	53		54		57		56		220
Total revenues	138		134		142		142		556
Cost of sales	16		16		14		15		61
Franchise and property expenses	3		3		3		2		11
Advertising expenses	53		55		58		58		224
Segment G&A	13		10		12		14		49
Segment depreciation and amortization (a)	2		2		2		2		8
Segment income	55		51		58		54		218


	RESTAURANT BRANDS INTERNATIONAL INC. RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP, by its general partner RESTAURANT BRANDS INTERNATIONAL INC.

Date: June 2, 2021	/s/ Jill Granat
	Name:	Jill Granat
	Title:	General Counsel and Corporate Secretary