Restaurant Brands International
Canadian multinational fast food holding corporation
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| February 2024 | RBI anticipates expanding to 40,000 restaurants worldwide by 2028, up from 31,070 across its brands at the end of fiscal 2023. |
| 2023 | Peak performance year with revenue hitting $7.0 billion, net income growing to $1,190 million, and significant workforce expansion to 9,000 employees. |
| March 2023 | Joshua Kobza was named the new CEO of Restaurant Brands International, replacing Jose Cil. |
| 2022 | Strong financial performance with revenue reaching $6.5 billion, net income increasing to $1,008 million, and employee count growing to 6,400. |
| 2021 | Business recovery continued with revenue increasing to $5.7 billion and net income rising to $838 million, with 5,700 employees and 29,456 systemwide restaurants. |
| December 15 2021 | RBI completes the acquisition of Firehouse Subs. |
| November 15 2021 | RBI announces intent to acquire Firehouse Subs for US$1 billion. |
| 2020 | Revenue declined to $4.9 billion during the COVID-19 pandemic, with employee count dropping to 5,200 while maintaining 27,025 systemwide restaurants. |
| August 2020 | Berkshire Hathaway completely sold its stake in Restaurant Brands International. |
| 2019 | Company saw a revenue increase to $5.6 billion, with employee count rising to 6,300 and systemwide restaurants growing to 27,086. |
| January 2019 | Jose Cil was appointed as CEO of Restaurant Brands International, replacing Daniel Schwartz, who became executive chairman. |
| 2018 | Restaurant Brands International reported $5.3 billion in revenue, with 6,000 employees and 25,744 systemwide restaurants. |
| March 27 2017 | RBI completes the Popeyes acquisition through Orange, Inc., an indirect subsidiary, purchasing Popeyes at $79 per share. |
| February 21 2017 | RBI announces intent to acquire Popeyes Louisiana Kitchen for US$1.8 billion at US$79 per share. |
| 2014 | 3G Capital's voting power in Restaurant Brands International decreased from 47% to 32%. |
| December 9 2014 | Tim Hortons shareholders approve the merger, and the new holding company is announced as Restaurant Brands International (RBI), trading under ticker symbol QSR. |
| December 4 2014 | Canadian Minister of Industry James Moore approves the deal with specific conditions for maintaining separate operations and employment levels. |
| October 28 2014 | The Competition Bureau in Canada approves the merger, ruling it unlikely to substantially lessen or prevent competition. |
| August 25 2014 | Burger King officially confirms its intent to acquire Tim Hortons Inc. in a CDN$12.5 billion deal, with 3G Capital purchasing the company at $65.50 per share. |
| August 24 2014 | Burger King announces negotiations to merge with Tim Hortons, proposing a tax inversion into Canada with a new holding company majority-owned by 3G Capital. |
This contents of the box above is based on material from the Wikipedia article Restaurant Brands International, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.