Strong Overall System-Wide Sales Growth
In 2024, Restaurant Brands International (RBI) grew system-wide sales by 5.4% and achieved a 9% organic adjusted operating income growth.
Tim Hortons Surpasses $1 Billion in Adjusted Operating Income
Tim Hortons delivered a strong performance in 2024, surpassing $1 billion in AOI for the first time and outperforming major peers in the Canadian market.
International Segment Performance
RBI's international segment closed the year with over 15,600 restaurants and over $18 billion in system-wide sales. In 2024, international comparable sales grew 3.3%.
Franchisee Profitability Improvements
Average four-wall EBITDA for Tim's Canada increased to CAD305,000, and Popeyes U.S. increased to just over $255,000.