Hey, guys. In fact, the average Chick-fil-A unit made around $4,090,900 in 2017. That restaurant tops at $5.743 million, according to a recent franchise disclosure document. We look forward to updating you soon and we'll see you all on May 15th, at our Investor Day. In restaurant growth, we grew our Popeyes restaurant count by more than 6.5% in the first quarter of 2019, in line with our unit growth in the first quarter of 2018. Figures have been rounded. Thanks. Leading QSR chains in terms of systemwide sales. This, combined with the previously announced investments in our Tim Hortons and Burger King remodel programs, supply chain distribution expansion project, and our continued delevering, illustrate our balanced approach to capital allocation as we look to continue creating value for all of our stakeholders for many years to come. Looking ahead, we remain excited about our 2019 plans and continued pipeline of initiatives, including the successful launch of our Tims' Rewards program, which has exceeded our expectations in its first few weeks. Tank you, sir. I mean it seems like it was just in a test, but now it seems fairly certain that that's going to be rolled out nationally later this year. For example, our Breakfast Anytime platform has been a success in all of our day parts, including our lunch business, where we've seen increased sales and traffic tied to this powerful sales platform. We have a really strong pipeline and we continue to move forward with that program this year and are excited for the outlook of reimaging the system across Canada. Posted Mon Monday 5 Aug August 2019 at 8:05pm Mon Monday 5 Aug August 2019 at 8:05pm, updated Mon Monday 5 Aug August 2019 at 11:42pm Mon Monday 5 Aug August 2019 â¦ So, I think we'll look to expand those. Top 500 Chains Steak 'n Shake Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomicâs analysis, growth forecast and more. This upgrade will support our ability to continue delivering best-in-class execution across our capital markets activities in the years to come and is a positive reflection on the strength of our credit profile. In 2019, as in 2012, criticism has failed to negatively affect sales. These impacts were partially offset by the positive year-over-year growth in our organic adjusted EBITDA. We saw particular strength in markets like Brazil, Spain and Russia, as well as India and China. And was today comes from Sara Senatore of Bernstein. We have great brands, great team, great partners and restaurant owners and a great business model and we're super excited about the long-term growth prospects at RBI. During the quarter, the introduction of spicy nuggets was effective at maintaining our value platform despite the increase in price from $1 to $1.49 for the 10 piece offer, and the Big King XL performed well in the premium layer. Hi, Sara. 7 spot on last year's Nation's Restaurant News' Top 200, passing Wendy's, Burger King, Taco Bell, and Subway. We're all here for the long term. Growth in our top-line resulted in Q1 Burger King adjusted EBITDA of $222 million, representing a year-over-year organic increase of nearly 10%. Is Restaurant Brands International a Buy? Please do not hesitate to contact me. For the full year, we expect this amount to be approximately $135 million and generally consistent from quarter-to-quarter. Unit count 7,522 6. Hey, Jeremy. Burger King is probably the most direct competitor for McDonald's, with its staple Whopper challenging the Big Mac in the burger war. Please go ahead. Thanks for the question, I think, as I mentioned earlier in response to the earlier question, it's a highly competitive market. Finally, we're excited about outdoor digital menu boards which provide an inviting modern and dynamic experience in our drive-throughs, which account for the majority of sales in the US. Chart. And I know you mentioned that there were some closings in the US this quarter. Sign Up Shopping cart preview $0.00 Cart total How would you like to receive this order? For context, we believe this level of participation by Tims guests in the first few weeks of the program is more than double the participation rate in some of the best-in-class loyalty programs of competitors even several years after their launch. Volume Shockers NSE: Stocks with huge surge in volumes traded today as compared to 5-day average traded volume. 237. Please go ahead, sir. In Q1, we grew comparable sales 0.6% positive globally and 0.4% positive in the US. Discover our menu and order delivery or pick up from a Burger King near you. Thank you. In particular, these included a modernized welcome image, new hot and cold beverage innovation, Breakfast Anytime, beautiful new packaging design and a return to brand marketing that celebrates the best of our Tim Hortons brand. Within the US, as I mentioned, we were pleased to have one of our biggest partners Carrols add the Popeyes brand to its portfolio through its merger with Cambridge and committed to opening approximately 70 Popeyes restaurants over the next six years. These payments and receipts are structured as pass-through in our lease contracts and on a net basis, there is no impact of this change to our financial results. Please go ahead. I appreciate the color on the Tims business. The Future of Foodservice. Good morning and thanks for the question. Maybe help us just frame 2019, please. International system-wide sales grew approximately 18%, with 6.5% comparable stores sales growth and close to 10% unit expansion. We don't share that in advance for obvious reasons given the competitive nature of the business, but we do believe firmly in the importance of a balanced offering and continue to deliver on a calendar that meets that demands. Food details for BURGER KING,HAMBURGER in different kinds of quantities, amounts or measurements. Good morning, My question is on the Burger King unit growth. Yes. On the technology side, we continue to make good progress on initiatives like delivery, kiosks, our mobile app and outdoor digital menu boards. Throughout 2018, we introduced a number of building blocks designed to drive long-term sustainable sales growth. Brands operates 2010-2019, by brand, Number of YUM! We are working closely together with our franchise partners and restaurant owners in Canada and everyone is excited about the direction of business and the prospects long term. Joining me on the call today are Restaurant Brands International's CEO, Jose Cil and CFO Matt Dunnigan. But, the most amazing part of this is that Chick-fil-A only operates 2,225 restaurants. 305 - highest. And our next question today comes from Dennis Geiger of UBS. He was appointed to the role in February 2019 and. As this was my first quarter as CEO, I spent a considerable amount of time traveling around the world, meeting with many of our franchise partners and restaurant owners, and our teams across each of our brands to discuss all the growth opportunities we see and our plans to achieve them. Then you will be able to mark statistics as favourites and use personal statistics alerts. Thank you. One question and then a follow-up please. And I think we've just gotten started with it 12 to 18 months ago and we've seen it growing in penetration, particularly across our US business with Burger King and Popeyes. Matthew Dunnigan -- Chief Financial Officer. We had two restaurants open as of the end of Q1 and we are very pleased with the initial performance. As it relates to the Impossible, that we had very positive guest reaction in St. Louis, as I mentioned earlier, exceeding our expectations. One of the most popular burgers that BK offers is the Whopper, which is usually seen compared to And our next question today comes from Alton Stump of Longbow Research. We've been encouraged by the test market feedback so far and plan to expand to a few more select test markets around the country this summer as we prepare for a national launch later this year. 21250 found in category Fast Foods. In addition, this underperformance surfaced at the same time we saw enhanced competitive activity in the market weigh on our business. For delivery to work best, it not only needs to drive incremental sales, but also needs to work seamlessly in the restaurant. Franchisee and guest feedback has been very positive. And I think you talked about Tim Hortons comps Q-to-date, but can you provide any color on Burger King US as well? ï»¿ ï»¿ The burger giant continues to make changes aimed at increasing its market â¦ We plan to discuss more exciting innovations in detail at our upcoming Investor Day, but you may have already seen that we're testing a plant-based burger in St Louis called the Impossible Whopper. I'm just wondering if you can provide any color on that and how management thinks about responding to something like that in terms of better battling back from a influx of competition? Market data powered by FactSet and Web Financial Group. Our global network of proven, well capitalized operating partners, combined with the strength of the brand and product offering, gives us conviction that Popeyes can be one of the fastest growing QSR brands in the world. Good morning. Anchored by the Whopper, Burger King has added nearly 1,000 locations over the past year, the majority of them in international markets. As of March 31st, 2019, our total debt outstanding was $12.3 billion. We've had very positive social media reactions from local guests. And at the same time, given the strong results internationally rather, how would you characterize your promotional activity in some of those stronger markets that you mentioned and how that compared to prior quarters? FILE - This April 25, 2019, file photo shows a Burger King in Redwood City, Calif. Burger King is introducing a plant-based burger in Europe. Jose, what's the longer term vision for a Roll Up the Rim and if the enhanced giveaways didn't generate the incremental traffic you've been hoping for, how do you evolve it to match that heightened level of competition that you've seen? 321. Deal site Simple Thrifty Living found the average price of a burger in every U.S. state by comparing local Walmart prices for ground beef, ketchup, mustard, onion, hamburger â¦ Thanks. 2017 Second Quarter Results. Finally, on Tims, we continued to make progress, growing in new markets around the world. This year, there was a step up increase of approximately 50 basis points in the fixed rate of our $3.5 billion in outstanding interest rate swaps. And our next today comes from John Glass of Morgan Stanley. Today's earnings call contains forward-looking statements, which are subject to various risks set forth in the press release issued this morning and in our SEC filings. It's Matt here. So we're excited about the plans we have. McDonald's reached that same figure with Big Macs in 2017. So, are you seeing any evidence that perhaps you're just seeing some of your traffic shift among dayparts, either breakfast and lunch and into dinner, something along those lines? Leading quick-service restaurant (QSR) chains in the United States in 2019, by sales per unit (in million U.S. dollars) [Graph]. Burger King Average sales per unit in thousands $1,387.81 U.S. systemwide sales in millions $10,028.32 Company stores 50 Franchised stores 7,196 Unit count 7,266 7. What do you think the biggest roadblock is returning to two-year trends you saw in Tims Canada in 4Q? While it's still early, after just the first 5 weeks, approximately, 20% of Canada's population has used the loyalty program, with almost half of our daily transactions now scanning the loyalty card. A paid subscription is required for full access. Andrew Michael Charles -- Cowen and Company -- Analyst. The operator has set the rent at 8.5% of projected sales. Thanks for the question, David. Risk to LT targets exist and could weigh on valuation. (Operator Instructions) Today's first question comes from Nicole Miller of Piper Jaffray. Thank you. And we appreciate the update. Well, I would say that we have seen that the delivery -- kind of our delivery orders will over index a little bit toward later in the day or kind of dinner daypart. Over the last two months it doubled employment at its 68,000-square-foot Oakland, Calif., plant to 200 people, and it made a record volume of burgers in June. We generated more than 6 billion media impressions and we saw, and we're seeing a solid sales opportunity for the business. Thank you. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Industry-specific and extensively researched technical data (partially from exclusive partnerships). I am going to have -- thanks for the question. (Operator Instructions) Please also note this event is being recorded. New, Figures and insights about the advertising and media world, Industry Outlook But that still wasnât enough. Zaxbyâs â $2,026,722 â 2014 average gross revenues of restaurants by fiscal year. This quarter, systemwide sales across each of our brands led to adjusted EBITDA of $500 million, up over 5% organically year-over-year. Thanks for the question on delivery. Thanks everyone for participating on this morning's call. Please go ahead. And two, going back to the point that I made to Nicole's question earlier, it's helping us already in just such a very short period of time to be able to understand our business much better. Number of McDonald's restaurants worldwide 2005-2019, Average daily rate of hotels in the U.S. 2001-2019, Global tourism industry - statistics & facts, Hotel â¯industry worldwide - statistics & â¯facts, Profit from additional features with an Employee Account. In spite of the closures, Finazzo has also said that he believes there's more than enough room to open still more locations, but there are other things that need to happen, too. burger segment represent headwinds to unit growth (flat over last decade). Gregory Francfort -- Bank of America-Merrill Lynch -- Analyst. The actual franchise fee may vary with the length of the franchise term. Great. As a Premium user you get access to the detailed source references and background information about this statistic. The year-over-year decrease was primarily driven by a higher effective tax rate of about 19% versus 0% last year, which is a result of a significant concentration of stock option exercises in the first quarter of last year and their associated tax expense benefits, as well as the impact of unfavorable foreign exchange rate movements. In financial year 2019 Burger Kingâs loss was at Rs 38 crore, which had narrowed from Rs 82 crore in the year prior to that. 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