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Restaurant Brands International, Inc. (QSR) CEO José Cil on Q1 2022 Results - Earnings Call Transcript

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Restaurant Brands International, Inc. (NYSE:QSR) Q1 2022 Earnings Conference Call May 3, 2022 8:30 AM ET

Company Participants

Stephen Lichtner - Head of Investor Relations

José Cil - CEO

Joshua Kobza - COO

Matthew Dunnigan - CFO

Conference Call Participants

Dennis Geiger - UBS

Brian Mullan - Deutsche Bank

David Palmer - Evercore

Brian Bittner - Oppenheimer and Co

John Glass - Morgan Stanley

Jeffrey Bernstein - Barclays

Nicole Miller - Piper Sandler

Jake Bartlett - Truist Securities

Andrew Charles - Cowen

Lauren Silberman - Credit Suisse


Good morning, and welcome to the Restaurant Brands International First Quarter 2022 Earnings Conference Call. [Operator Instructions].

Please note this event is being recorded. I will now hand over to the conference host, Stephen Lichtner, RBI's Head of Investor Relations. Please go ahead.

Stephen Lichtner

Thank you, operator. Good morning, everyone, and welcome to Restaurant Brands International's earnings call for the first quarter ended March 31, 2022.

As a reminder, a live broadcast of this call may be accessed through the Investor Relations web page 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, 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. Please note that growth metrics discussed during the prepared remarks including consolidated system wide sales growth, net restaurant growth and organic adjusted EBITDA growth exclude results from Firehouse Subs, which we acquired on December 15, 2021 to reflect comparable year-over-year growth figures.

And now I'll turn the call

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