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Restaurant Brands International Inc. (QSR) CEO José Cil on Q1 2020 Results - Earnings Call Transcript

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Restaurant Brands International Inc. (NYSE:QSR) Q1 2020 Earnings Conference Call May 1, 2020 8:30 AM ET

Company Participants

Chris Brigleb - Investor Relations

José Cil - Chief Executive Officer

Josh Kobza - Chief Operating Officer

Matt Dunnigan - Chief Financial Officer

Conference Call Participants

Dennis Geiger - UBS

Mark Petrie - CIBC

Nicole Miller - Piper Sandler

John Glass - Morgan Stanley

David Palmer - Evercore ISI

Brian Bittner - Oppenheimer & Company

Sara Senatore - Bernstein

Peter Sklar - BMO Capital Markets


Good morning and welcome to the Restaurant Brands International First Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Chris Brigleb, RBI’s Head of Investor Relations. Please go ahead.

Chris Brigleb

Thank you, operator. Good morning, everyone and welcome to Restaurant Brands International’s earnings call for the first quarter ended March 31, 2020. As a reminder, a live broadcast of this call maybe accessed through the Investor Relations webpage at investor.rbi.com and a recording will be available for replay. Joining me on the call today are Restaurant Brands International’s CEO, José Cil; COO, Josh Kobza; and CFO, Matt Dunnigan.

Today’s earnings call contains forward-looking statements, which are subject to various risks set forth in the press release issued this morning and in our SEC filings. In addition, this earnings call includes non-GAAP financial measures. Reconciliations of non-GAAP financial measures are included in the press release available on our website.

Let’s quickly review the agenda for today’s call. José will start with some opening remarks on our company’s response to the ongoing COVID-19 pandemic. He will then discuss our results for the first quarter and provide detail around our performance at Tim Hortons, Burger King and Popeyes. Josh will

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