Restaurant Brands International Inc. (QSR) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

20-25 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there'll be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. You'll hear a tone to confirm that you are in the queue. To exit the question queue, you may press star then two. All callers will be limited to one question. Please note this event is being recorded. I'd now like to turn the conference over to Kendall Peck, RBI's Head of Investor Relations. Please go ahead. Thank you, Operator. Good morning, everyone, and welcome to Restaurant Brands International's earnings call for the first quarter ended March 31st, 2025. Joining me on the call today are Restaurant Brands International's Executive Chairman, Patrick Doyle, CEO, Josh Kabza, and CFO, Sami Siddiqui. Following remarks from Josh, Sammy, and Patrick, we will open the call to questions. Today's discussion may include forward-looking statements, which are subject to risks detailed in the press release issued this morning and in our SEC filings. We will also reference non-GAAP financial measures, reconciliations of which are available in the press release and trending schedules available on our website. As a reminder, following our acquisition of Carroll's Restaurant Group, which closed on May 16, 2024, And our acquisition of Popeyes China, which closed on June 28, 2024, we introduced a sixth reportable segment, restaurant holdings, which comprises the Popeyes China business and the Burger King Carol's restaurants. The consolidated growth metrics discussed on this call, including organic adjusted operating income growth and organic adjusted EPS g...