Restaurant Brands achieves record sales of $1.32 billion in 2023, a 6.7% surge from the previous year.

Despite robust growth across its divisions, net profit declines to $16.3 million, attributing the dip to inflationary pressures and underperformance in select markets.

Store EBITDA holds steady at $178.4 million. Directors refrain from declaring dividends amidst ongoing cost pressures.

However, strategic measures including price adjustments and cost controls yield margin gains in the latter part of the fiscal year. Challenges persist, prompting vigilant cost management.

Learn more