Restaurant Brands International Inc. (QSR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Restaurant Brands International's first quarter 2026 Earnings Conference School. 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 will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. You will hear a tone to confirm that you are in the queue. To exit the question queue, you may press star then two. All calls will be limited to one question and please note this event is being recorded. I would now like to turn the conference over to Kendall Peck, RBI's Vice President of Treasury and Investor Relations. Please go ahead. Thank you, Operator. Good morning, everyone, and welcome to Restaurant Brands International's earnings call for the quarter ended March 31st, 2026. Joining me on the call today are Restaurant Brands International's Executive Chairman Patrick Doyle, CEO Josh Kobza, 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 can be found in the press release and trending schedules available on our investor relations website. As a reminder, organic adjusted operating income growth is on a constant currency basis, and excludes results from the restaurant holding segment. For calendar planning purposes, our preliminary Q2 earnings call is scheduled for the morning of August 6th, 2026. And now I'll turn the call over to Josh. Good morning, everyone, an...